Selected T accounts for Sunland Esthetics on August 31, 2021, are as follows:

Selected T accounts for Sunland Esthetics on August 31, 2021, are as follows: B.Sunland, Capital Aug. 1 Bal. 9.000 10 2.700 Aug. 31 Bal. 11,700 Income Summary 7,200 Aug. 31 15.000 Aug. 31 Bal. 7,800 B. Sunland, Drawings Aug. 15 3.100 25 3,400 Aug. 31 Bal. 6,500 Aug. 31 Prepare a statement of owner's equity for the month ended August 2021. (List items that increase owner's equity first.) SUNLAND ESTHETICS Statement of Owner's Equity August 31, 2021 Year Ended August 31, 2021 Month Ended August 31, 2021 B. Sunland, Capital, August 31, 2021 Expenses Total Expenses Investments B.Sunland, Capital, August 1, 2021 Drawings Profit/(Loss) Revenues Total Revenues $ Add Less Prepare entries to close the Income Summary and drawings accounts. Post these entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Aug. 31 B. Sunland, Capital Interest Revenue No Entry Income Summary B. Sunland, Drawings (To close income summary) Aug. 31 (To close drawings account) Income Summary Aug 31 Bal. Clos. B. Sunland, Capital B. Sunland, Drawings