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The income statement of Marc's Gamestation Repair is as follows: On April 1, the balance in Marc Davis, Capital was $11,600. During April, Marc withdrew
The income statement of Marc's Gamestation Repair is as follows: On April 1, the balance in Marc Davis, Capital was \\$11,600. During April, Marc withdrew \\( \\$ 8,500 \\) cash for personal use Prepare closing entries at April 30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select \"No Entry\" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Prepare a statement of owner's equity for the month of April. (List items that increase owner's equity first.)
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