The owner's Capital,Withdrawals,and Income Summary accounts for Laurel Repair Company for the accounting period are presented below in T account form after the recording and posting of closing entries:
-The total amount of revenue earned for the period is
A)$900.
B)$500.
C)$400.
D)$200.

Question

The owner's Capital,Withdrawals,and Income Summary accounts for Laurel Repair Company for the accounting period are presented below in T account form after the recording and posting of closing entries:  
-The total amount of revenue earned for the period is
A)$900. 
B)$500. 
C)$400. 
D)$200.

Quizplus · Accepted Answer

The correct answer is provided without the necessary information to calculate or justify the choice, as the question does not include details on how to determine the total amount of revenue earned for the period.

The Owner's Capital,Withdrawals,and Income Summary Accounts for Laurel Repair Company