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

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 amount of net income (or net loss) for the period is

A) $300 net income.
B) $900 net income.
C) $600 net income.
D) $300 net loss.