Selected T accounts for Victoire Esthetics on August 31, 2017, are as follows: Instructions (a) Prepare a

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Selected T accounts for Victoire Esthetics on August 31, 2017, are as follows:

Instructions
(a) Prepare a statement of owner's equity for August 2017.
(b) Prepare entries to close the Income Summary and drawings accounts. Post these entries.

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 16, 2017 10:06 AM

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Selected T accounts for Victoire Esthetics on August 31, 2017, are as follows: Instructions (a) Prepare a

Question:

B. Victoire, Capital B. Victoire, Drawings Aug. 1 Bal.9,000 Aug. 15 25 2,200 2,500 10 2,000 Aug. 31 Bal 11,000 Aug. 31 Bal. 4,700 Income Summary 8,000 Aug. 315,000 Aug. 31 Bal. 7,000 Aug, 31

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a VICTOIRE ESTHETICS Statement of Owners Equity Mo...View the full answer

Accounting Principles

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