The Income Summary and Linda Carter, Capital accounts for Carter Production Company at the end of its
Question:
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. Owners withdrawals for the period are __________.
Transcribed Image Text:
399 ACCOUNT Income Summary ACCOUNT NO. BALANCE POST. DEBIT DERIT DESCRIPTION DATE CREDIT REF. CREDIT 2019 Dec. 31 Closing J4 31 Closing J4 31 Closing 134 00 0 00 J4 134 0 0 0 00 718 00 00 62 200 00 -L01- ACCOUNT Linda Carter, Capital ACCOUNT NO. 301 BALANCE POST. REF. DESCRIPTION DEBIT CREDIT DATE CREDIT DEBIT 2019 |240|이 302 2 0 0 00 Dec. 31 Closing 31 Closing J1 62 200 00 J4 22 000 00 280 2 00 00 J4
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Related Book For
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
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