The Income Summary and Violante Autro, Capital accounts for Autro Production Company at the end of its accounting period follow.

Complete the following statements:
1. Total revenue for the period is __________.
2. Total expenses for the period are __________.
3. Net income for the period is __________.
4. Owner’s withdrawals for the period are __________.

Transcribed Image Text:

ACCOUNT Income Summary POST. REF. DATE DESCRIPTION 20X1 Dec. 31 Closing 31 Closing 31 Closing J4 J4 35 900 00 J4 31100 00 ACCOUNT DATE DEBIT 20X1 Dec. DESCRIPTION Violante Autro, Capital 1 31 Closing 31 Closing 67 0 0 0 00 CREDIT POST. REF. J1 J4 J4 DEBIT 110 0 0 00 ACCOUNT NO. 399 DEBIT BALANCE CREDIT CREDIT 670 0 0 00 31 100 00 120 0 0 0 00 31 100 00 - 0 ACCOUNT NO. 301 BALANCE DEBIT CREDIT 120 000 00| 151 100 00 140 1 0 0 00