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The Owner's Capital, Withdrawals, and Income Summary Accounts for Harmon

Question 7

Multiple Choice

The owner's Capital, Withdrawals, and Income Summary accounts for Harmon Repair Company for the accounting period are presented below in T account form after the recording and posting of closing entries: The owner's Capital, Withdrawals, and Income Summary accounts for Harmon Repair Company for the accounting period are presented below in T account form after the recording and posting of closing entries:   The amount of withdrawals for the period is A)  $400. B)  $500. C)  $600. D)  $100. The amount of withdrawals for the period is


A) $400.
B) $500.
C) $600.
D) $100.

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