Selected T accounts for Victoire Esthetics on August 31, 2024, are as follows: Instructions a. Prepare a
Question:
Selected T accounts for Victoire Esthetics on August 31, 2024, are as follows:
Instructions
a. Prepare a statement of owner’s equity for the month ended August 2024.
b. Prepare entries to close the Income Summary and drawings accounts. Post these entries.
Transcribed Image Text:
Aug. 31 B. Victoire, Capital Aug. 1 Bal. 10 Aug. 31 Bal. Income Summary 8,000 Aug. 31 Aug. 31 Bal. 9,000 2,000 11,000 15,000 7,000 Aug. 15 25 Aug. 31 Bal. B. Victoire, Drawings 2,200 2,500 4,700
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a b VICTOIRE ESTHETICS Statement of Owners Eq...View the full answer
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Related Book For
Accounting Principles Volume 1
ISBN: 9781119786818
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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