The Income Summary and Violante Autro, Capital accounts for Autro Production Company at the end of...

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The Income Summary and Violante Autro, Capital accounts for Autro Production Company at the end of its accounting period follow Income Summary Account No. 399 Balance Date Description Debit Credit Debit Credit 20X1 Dec. 31 Closing 67,000 67,000 31 Closing 35,900 31,100 31 Closing 31,100 e Violante Autro, Captital Date Description 28x1 Dec. 1 31 Closing 31 Closing Enter the following amounts Account No. 301 Balance Debit Credit Debit Credit 120,000 120,000 31,100 151,100 11,000 140,100 1 Total revenue for the period is 2 Total expenses for the period are 3 Net income for the period is 4 Owner's withdrawals for the period are The Income Summary and Violante Autro, Capital accounts for Autro Production Company at the end of its accounting period follow Income Summary Account No. 399 Balance Date Description Debit Credit Debit Credit 20X1 Dec. 31 Closing 67,000 67,000 31 Closing 35,900 31,100 31 Closing 31,100 e Violante Autro, Captital Date Description 28x1 Dec. 1 31 Closing 31 Closing Enter the following amounts Account No. 301 Balance Debit Credit Debit Credit 120,000 120,000 31,100 151,100 11,000 140,100 1 Total revenue for the period is 2 Total expenses for the period are 3 Net income for the period is 4 Owner's withdrawals for the period are