Programs Plus is a retail firm that sells computer programs for home and business use. Programs Plus operates in a state with no sales tax. On December 31, 20X1, its general ledger contained the accounts and balances shown below: ACCOUNTS BALANCES Cash Accounts Receivable. Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance $ 19,280 Dr. 30,600 Dr. 115 Cr. 66,375 Dr. 7,140 Dr. 3,180 Dr. Equipment 38,000 Dr. Accumulated Depreciation-Equipment 12,100 Cr. Notes Payable 7,664 Cr. Accounts Payable 7,300 Cr. Social Security Tax Payable 760 Cr. Medicare Tax Payable Yasser Tousson, Capital Yasser Tousson, Drawing 170 Cr. 97,620 Cr. 50,000 Dr. Sales 522,980 Cr. Sales Returns and Allowances 11,200 Dr. Purchases Freight In Purchases Discounts. Telephone Expense 320,630 Dr. 4,000 Dr. 7,945 Cr. 18,520 Cr. Purchases Returns and Allowances Rent Expense Salaries Expense Payroll Taxes Expense Interest Expense 18,500 Dr. 2,364 Dr. 96,000 Dr. 7,700 Dr. 205 Dr. The data needed for the adjustments on December 31 are as follows: a.-b. Ending merchandise inventory, $68,250. c. Uncollectible accounts, 0.5 percent of net credit sales of $249,000. d. Supplies on hand December 31, $1,220. e. Expired insurance, $1,590. f. Depreciation Expense-Equipment, $7,200. g. Accrued interest expense on notes payable, $725. h. Accrued salaries, $2,900, 1. Social Security Tax Payable (6.2 percent) and Medicare Tax Payable (1.45 percent) of accrued salaries. a.-b. Ending merchandise inventory, $68,250. c. Uncollectible accounts, 0.5 percent of net credit sales of $249,000. d. Supplies on hand December 31, $1,220. e. Expired insurance, $1,590. f. Depreciation Expense-Equipment, $7,200. g. Accrued interest expense on notes payable, $725. h. Accrued salaries, $2,900. i. Social Security Tax Payable (6.2 percent) and Medicare Tax Payable (1.45 percent) of accrued salaries. The following accounts had zero balances: Salaries Payable Interest Payable Income Summary . Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Required: 1. Prepare a worksheet for the year ended December 31, 20X1. 2. Prepare a classified income statement. The firm does not divide its operating expenses into selling and administrative expenses. 3. Prepare a statement of owner's equity. No additional investments were made during the period. 4. Prepare a classified balance sheet. All notes payable are due within one year. 5. Journalize the adjusting entries. 6. Journalize the closing entries. 7. Journalize the reversing entries. Analyze: By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20X1? Cash PROGRAMS PLUS Worksheet Year Ended December 31, 20X1 Income Statement Trial Balance Adjustments Adjusted Trial Balance Account Name Debil Credit Debit Credit Debit Credit Debit Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Equipment Accumulated depreciation-Equip Notes Payable Accounts Payable Social Security Tax Payable Medicare Tax Payable Salaries Payable Interest Payable Yasser Tousson, Capital Yasser Tousson, Drawing Income Summary Sales Sales Retums and Allowances Purchases Freight In Purchases Returns and Allowances Purchases Discounts Rent Expense Telephone Expense Salaries Expense Prev 1 of 1 Next > Balance Sheet Credit Debit Credit Social Security Tax Payable Medicare Tax Payable Salaries Payable Interest Payable Yasser Tousson, Capital Yasser Tousson, Drawing Income Summary Sales Sales Retums and Allowances Purchases Freight in Purchases Returns and Allowances Purchases Discounts Rant Expense Telephone Expense Salaries Expense Payrol Taxes Expense Interest Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Tolais Net Income Required Required 2 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Prepare a classified income statement. The firm does not divide its operating expenses into selling and administrative expenses. (Round your answers to 2 decimal places.) Operating Revenue Net sales Cost of goods sold Merchandise inventory, January 1, 20X1. Delivered Cost of Purchases Net Delivered Cost of Purchases Total merchandise available for sale Operating Expenses PROGRAMS PLUS Income Statement Delivered Cost of Purchases Net Delivered Cost of Purchases Total merchandise available for sale Operating Expenses Total operating expenses Income from operations i Other expenses < Required 1 Required 3 > 4. Prepare a classified balance sheet. All notes payable are due within one year. 5. Journalize the adjusting entries. 6. Journalize the closing entries. 7. Journalize the reversing entries. Analyze: By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20X1? Complete this question entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Prepare a statement of owner's equity. No additional investments were made during the period. (Round your answers to 2 decimal place.) PROGRAMS PLUS Statement of Owner's Equity < Required 2 Required 4 > Complete this question entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Prepare a classified balance sheet. All notes payable are due within one year. (Round your answer to 2 decimal places.) Assets Current Assets Prepaid expenses Total current assets Plant and equipment PROGRAMS PLUS Balance Sheet Total plant and equipment Total Assets Liability and Owner's Equity Current Liabilities Prepaid expenses Total current assets Plant and equipment Total plant and equipment Total Assets Liability and Owner's Equity Current Liabilities Total current liabilities Owner's Equity Total Liabilities and owner's equity < Required 3 Required 5 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 9 > Record the adjustment entry for beginning inventory. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyz Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 5 6 8 9 Record the adjustment entry for ending Inventory. Note: Enter debits before credits. Transaction General Journal Dobit Credit Record entry Clear entry View general Journal Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 5 6 7 8 9 Record the adjustment entry for uncollectible accounts expenses. Note: Enter debits before credits. Transaction C. General Journal Debit Credit Record entry Clear entry View general Journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Requir Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the adjustment entry for supplies expense. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal :48 Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analy Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet d < 1 2 3 4 5 6 7 8 9 Record the adjustment entry for expired Insurance. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyz Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 9 Record the adjustment entry for Depreciation Expense-Equipment." Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 9 7 8 Record the adjustment entry for Accrued interest expense. Note: Enter debits before credits. Transaction 9. 6 General Journal Debit Credit Record entry Clear entry > View general journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Ana Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 2 3 5 6 8 9 > Record the adjustment entry for Accrued salaries expense. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Ana Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the adjustment entry for Social Security Tax and Medicare Tax Payable. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal > Required 1 Required 2 Required 4 Required 3 Required 5 Required 6 Required 7 Analyze Journalize the closing entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 Record the closing entry for revenue and other credit items. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal < Required 5 Required 7 > View transaction list Journal entry worksheet > 1 3 4 Record the closing entry for expenses and other debit items. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the closing entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4. Record the closing entry for the balance of income summary. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Clear entry Record entry View general journal < Required 5 Required 7 > > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyz Journalize the closing entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 Record the closing entry for the drawing account. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal < Required 5 Required 7 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the reversing entries. (Record the entries in the order entered in Requirement 5. Round your answers to 2 View transaction list Journal entry worksheet < 1 2 3 Record the first reversing entry required. Note: Enter debits before credits. Date Jan. 1, 20X2 General Journal Debit Credit Clear entry Record entry View general journal < Required 6 Analyze > > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the reversing entries. (Record the entries in the order entered in Requirement 5. Round your answers to 2 dec View transaction list Journal entry worksheet < 1 2 3 Record the second reversing entry required. Note: Enter debits before credits. Date Jan. 1, 20X2 General Journal Debit Credit Clear entry Record entry View general Journal < Required 6 Analyze > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the reversing entries. (Record the entries in the order entered in Requirement 5. Round your answers to 2 de- View transaction list Journal entry worksheet > 1 2 3 Record the third reversing entry required. Note: Enter debits before credits. Date Jan. 1, 20X2 General Journal Debit Credit Clear entry Record entry View general journal < Required 6 Analyze > Analyze: By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20X1? Complete this question entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required S Required 6 Required 7 Analyze By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20x1? (Enter your answer in 1 decimal place.) Percentage change in capital account < Required 7 Analyze Programs Plus is a retail firm that sells computer programs for home and business use. Programs Plus operates in a state with no sales tax. On December 31, 20X1, its general ledger contained the accounts and balances shown below: ACCOUNTS BALANCES Cash $ 19,280 Dr. Accounts Receivable Merchandise Inventory Supplies Prepaid Insurance Allowance for Doubtful Accounts 30,600 Dr. 115 Cr. 66,375 Dr. 7,140 Dr. 3,180 Dr. Equipment 38,000 Dr. Accumulated Depreciation-Equipment 12,100 Cr. Notes Payable 7,664 Cr. Accounts Payable 7,300 Cr. Social Security Tax Payable 760 Cr. Medicare Tax Payable 170 Cr. Yasser Tousson, Capital 97,620 Cr. Yasser Tousson, Drawing 50,000 Dr. Sales Sales Returns and Allowances Purchases Freight In Purchases Returns and Allowances Purchases Discounts. Telephone Expense Rent Expense Salaries Expense Payroll Taxes Expense Interest Expense 522,980 Cr. 11,200 Dr. 320,630 Dr. 4,000 Dr. 7,945 Cr. 18,520 Cr. 18,500 Dr. 2,364 Dr. 96,000 Dr. 7,700 Dr. 205 Dr. The data needed for the adjustments on December 31 are as follows: a.-b. Ending merchandise inventory, $68,250. c. Uncollectible accounts, 0.5 percent of net credit sales of $249,000. d. Supplies on hand December 31, $1,220. e. Expired Insurance, $1,590. f. Depreciation Expense-Equipment, $7,200. g. Accrued interest expense on notes payable, $725. h. Accrued salaries, $2,900, 1. Social Security Tax Payable (6.2 percent) and Medicare Tax Payable (1.45 percent) of accrued salaries. a.-b. Ending merchandise inventory, $68,250. c. Uncollectible accounts, 0.5 percent of net credit sales of $249,000. d. Supplies on hand December 31, $1,220. e. Expired insurance, $1,590. f. Depreciation Expense-Equipment, $7,200. g. Accrued interest expense on notes payable, $725. h. Accrued salaries, $2,900. i. Social Security Tax Payable (6.2 percent) and Medicare Tax Payable (1.45 percent) of accrued salaries. The following accounts had zero balances: Salaries Payable Interest Payable Income Summary Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Required: 1. Prepare a worksheet for the year ended December 31, 20X1. 2. Prepare a classified income statement. The firm does not divide its operating expenses into selling and administrative expenses. 3. Prepare a statement of owner's equity. No additional investments were made during the period. 4. Prepare a classified balance sheet. All notes payable are due within one year. 5. Journalize the adjusting entries. 6. Journalize the closing entries. 7. Journalize the reversing entries. Analyze: By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20X1? Cash PROGRAMS PLUS Worksheet Year Ended December 31, 20X1 Adjusted Trial Balance Debit Trial Balance Adjustments Account Name Debil Credit Debit Credit Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Equipment Accumulated depreciation-Equip Notes Payable Accounts Payable Social Security Tax Payable Medicare Tax Payable Salaries Payable Interest Payable Yasser Tousson, Capital Yasser Tousson, Drawing Income Summary Sales Sales Retums and Allowances Purchases Freight In Purchases Returns and Allowances Purchases Discounts Rent Expense Telephone Expense Salaries Expense Income Statement Balance Sheet Credit Debit Credit Debit Credit Prev 1 of 1 Next > Social Security Tax Payable Medicare Tax Payable Salaries Payable Interest Payable Yasser Tousson, Capital Yasser Tousson, Drawing Income Summary Sales Sales Retums and Allowances Purchases Freight in Purchases Returns and Allowances Purchases Discounts Rant Expense Telephone Expense Salaries Expense Payrol Taxes Expense Interest Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Tolais Net Income Required Required 2 > Required 1 Required 2 Required 3. Required 4 Required 5 Required 6 Required 7 Analyze Prepare a classified income statement. The firm does not divide its operating expenses into selling and administrative expenses. (Round your answers to 2 decimal places.) Operating Revenue Net sales Cost of goods sold Merchandise inventory, January 1, 20X1. Delivered Cost of Purchases Net Delivered Cost of Purchases Total merchandise available for sale Operating Expenses PROGRAMS PLUS Income Statement Delivered Cost of Purchases Net Delivered Cost of Purchases Total merchandise available for sale Operating Expenses Total operating expenses Income from operations Other expenses < Required 1 Required 3 > 4. Prepare a classified balance sheet. All notes payable are due within one year. 5. Journalize the adjusting entries. 6. Journalize the closing entries. 7. Journalize the reversing entries. Analyze: By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20X1? Complete this question entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Prepare a statement of owner's equity. No additional investments were made during the period. (Round your answers to 2 decimal place.) PROGRAMS PLUS Statement of Owner's Equity Complete this question entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Prepare a classified balance sheet. All notes payable are due within one year. (Round your answer to 2 decimal places.) Assets Current Assets Prepaid expenses Total current assets Plant and equipment PROGRAMS PLUS Balance Sheet Total plant and equipment Total Assets Liability and Owner's Equity Current Liabilities Prepaid expenses Total current assets Plant and equipment Total plant and equipment Total Assets Liability and Owner's Equity Current Liabilities Total current liabilities Owner's Equity Total Liabilities and owner's equity < Required 3 Required 5 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the adjustment entry for beginning inventory. Note: Enter debits before credits. Transaction 6 General Journal Debit Credit Record entry Clear entry > View general journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyz Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 2 3 5 6 8 9 Record the adjustment entry for ending Inventory. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet > 1 2 3 5 6 7 8 9 Record the adjustment entry for uncollectible accounts expenses. Note: Enter debits before credits. Transaction C. General Journal Debit Credit Record entry Clear entry View general Journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Requir Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the adjustment entry for supplies expense. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal :48 Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analy Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet d < 1 2 3 4 5 6 7 8 Record the adjustment entry for expired insurance. Note: Enter debits before credits. Transaction 6 General Journal Debit Credit Clear entry Record entry View general Journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyz Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 Record the adjustment entry for Depreciation.Expense-Equipment." Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the adjustment entry for Accrued interest expense. Note: Enter debits before credits. Transaction 9. 6 General Journal Debit Credit Record entry Clear entry View general Journal > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Ana Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 2 3 5 6 8 9 Record the adjustment entry for Accrued salaries expense. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Required 4 Required 6 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Ana Journalize the adjusting entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the adjustment entry for Social Security Tax and Medicare Tax Payable. Note: Enter debits before credits. Transaction General Journal Debit Credit Clear entry Record entry View general journal > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the closing entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 Record the closing entry for revenue and other credit items. Note: Enter debits before credits.. Date Dec. 31, 20X1 General Journal Debit Credit Clear entry Record entry A View general journal < Required 5 Required 7 > View transaction list Journal entry worksheet > 1 2 3 4 Record the closing entry for expenses and other debit items. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the closing entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 Record the closing entry for the balance of income summary. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Clear entry Record entry View general journal < Required 5 Required 7 > > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analy Journalize the closing entries. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 Record the closing entry for the drawing account. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal < Required 5 Required 7 > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the reversing entries. (Record the entries in the order entered in Requirement 5. Round your answers to 2 View transaction list Journal entry worksheet < 1 2 3 Record the first reversing entry required. Note: Enter debits before credits. Date Jan. 1, 20X2 General Journal Debit Credit Record entry Clear entry View general journal < Required 6 Analyze > > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the reversing entries. (Record the entries in the order entered in Requirement 5. Round your answers to 2 dec View transaction list Journal entry worksheet < 1 2 3 Record the second reversing entry required. Note: Enter debits before credits. Date Jan. 1, 20X2 General Journal Debit Credit Clear entry Record entry View general Journal < Required 6 Analyze > Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Analyze Journalize the reversing entries. (Record the entries in the order entered in Requirement 5. Round your answers to 2 de- View transaction list Journal entry worksheet < 1 2 3 Record the third reversing entry required. Note: Enter debits before credits. Date Jan. 1, 20X2 General Journal Debit Credit Record entry Clear entry View general journal < Required 6 Analyze > Analyze: By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20X1? Complete this question entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required S Required 6 Required 7 Analyze By what percentage did the owner's capital account change in the period from January 1, 20X1, to December 31, 20x1? (Enter your answer in 1 decimal place.) Percentage change in capital account