Wendy withdrew a total of $2,000 from the business for personal use in the month of December.

1. Create a Statement of Owner's Equity for Wendy based on the information provided.

Wendy Right Statement of Owner's Equity For the Period Ended December 31, 20**

1. Create a closing entry in the general journal for Wendy's drawings account.

GJ1 General Journal

1. Now that Wendy has posted closing entries for her capital and drawings accounts, create general ledger entries for those accounts.

Wendy Right, Capital
Date	Explanation	PR	Debit	Credit	Dr/Cr	Balance

Wendy Right, Drawings
Date	Explanation	PR	Debit	Credit	Dr/Cr	Balance