Question: Critical Thinking Problem 6.2 (Algo) Owner's Equlty. LO 6.1, 6.3 Alexis Wesson, the bookkeeper for Home Interiors, has Just finished posting the closing entrles for

Critical Thinking Problem 6.2 (Algo) Owner's Equlty. LO 6.1, 6.3 Alexis Wesson, the bookkeeper for Home Interiors, has Just finished posting the closing entrles for the year to the ledger. She is concerned about the following balances: Capital account balance in the general ledger: Ending capital balance on the statement of owner's equity: Alexis knows that these amounts should agree and asks for your assistance In revlewing her work. Your revlew of the general ledger of Home Interlors reveals a beginning capltal balance of

$100,000

. You also review the general journal for the accounting period and find the closing entrles shown below. Required: Prepare a general journal entry to correct the errors made. Reconclle the balance of capltal account In the ledger after closing entrles have been posted and the ending capltal balance of owner's equity. Answer is not complete. Complete this question by entering your answers in the tabs below. Reconcile the balance of capital account in the ledger after closing entries have been posted and the ending capital balance of Owner's equity.

 Critical Thinking Problem 6.2 (Algo) Owner's Equlty. LO 6.1, 6.3 Alexis

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