- 8.25. In Your Name's Beach Barkers, the entry to transfer Net Income to Capital is made by debiting and crediting - 8.26. When you edited Invoice 1058 to Sandi Egkan in the Additional Transactions section, did income increase or decrease? - What was the amount of increase/decrease? Prepare an Inventory Valuation Summary report to determine the value of Collars after the Quantity Adjustment. What is the quantity on February 28, 2019? is the value? On what screen do you enter the closing date? What was the total amount of owner withdrawals for February? What is the amount of Total Assets in the Balance Sheet for 2019 prepared after all closing entries and adjustments? (Printed Document 11) Where do you prepare the Sales Tax Liability report? What was the amount of Depreciation Expense recorded in the compound adjusting entry for Office Equipment and Vehicles? - 8.33. Refer to your Visa Reconciliation report ending February 28, 2019. What is the total amount of Charges and Cash Advances Cleared? - 8.34. Prepare a Journal report for February 27-28, 2019. What is the total of the Journal? - 8.35. Refer to or prepare the Budget vs Actuals report for the end of the chapter. What was the budgeted amount for Total Net Income for February 2019 ? - What was the actual amount for Total Net Income for February 2019