Selected T accounts for Victoire Esthetics to August 31, 2014, follow. Instructions (a) Prepare a statement of
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Instructions
(a) Prepare a statement of owner's equity for August 2014.
(b) Prepare entries to close the income summary and drawings accounts. Post these entries.
Transcribed Image Text:
B. Victoire, Capital 01 B. Victoire, Drawings Aug Bal. 9,000Aug. 15 25 2,200 2,500 Aug. 31 B 11,000 Aug. 31 Bal. 4,700 10 2,000 Income Summary 8,000 Aug. 31 ug. 31 15,000 Aug. 31 Ba. 7,000
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Related Book For
Accounting Principles Part 1
ISBN: 978-1118306789
6th Canadian edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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