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Business, 21.02.2020 19:40 nedy800

The Income Summary and Linda Carter, Capital accounts for Carter Production Company at the end of its accounting period follow. Income Summary Account No. 399 Balance Date Description Debit Credit Debit Credit 2019 Dec. 31 Closing 67,000 67,000 31 Closing 35,900 31,100 31 Closing 31,100 0 Linda Carter, Capital Account No. 301 Balance Date Description Debit Credit Debit Credit 2019 Dec. 1 120,000 120,000 31 Closing 31,100 151,100 31 Closing 11,000 140,100

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