Selected T accounts for Victoire Esthetics on August 31, 2021, are as follows: Instructions a. Prepare a
Question:
Selected T accounts for Victoire Esthetics on August 31, 2021, are as follows:
Instructions
a. Prepare a statement of owner?s equity for the month ended August 2021.
b. Prepare entries to close the Income Summary and drawings accounts. Post these entries.
Transcribed Image Text:
B. Victoire, Capital B. Victoire, Drawings Aug. 1 Bal. 10 9,000 2,000 Aug. 15 25 2,200 2,500 Aug. 31 Bal. Aug. 31 Bal. 4,700 11,000 Income Summary Aug. 31 Aug. 31 Bal. Aug. 31 15,000 8,000 7,000
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a VICTOIRE ESTHETICS Statement of Owners Equity Month Ended August 31 2021 B ...View the full answer
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Related Book For
Accounting Principles Volume 1
ISBN: 978-1119502425
8th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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