The Income Summary and Karen Randall, Capital accounts for Randall Printing Company at the end of its accounting period follow.

Complete the following statements.
A. Total revenue for the period is ________.
B. Total expenses for the period are ________.
C. Net income (loss)for the period is ________.
D. Owner's withdrawals for the period are ________.

Question

The Income Summary and Karen Randall, Capital accounts for Randall Printing Company at the end of its accounting period follow.

Complete the following statements.
A. Total revenue for the period is ________.
B. Total expenses for the period are ________.
C. Net income (loss)for the period is ________.
D. Owner's withdrawals for the period are ________.

Quizplus · Accepted Answer

The Answer of The Income Summary and Karen Randall, Capital accounts for Randall Printing Company at the end of its accounting period follow.

Complete the following statements.
A. Total revenue for the period is ________.
B. Total expenses for the period are ________.
C. Net income (loss)for the period is ________.
D. Owner's withdrawals for the period are ________.

The Income Summary and Karen Randall, Capital Accounts for Randall