Closing entries.The Income Summary and Levi Simmons, Capital accounts for Simmons Producti...

Closing entries.

The Income Summary and Levi Simmons, Capital accounts for Simmons Production Company at the end of its accounting period follow.

Complete the following statements:

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 _________________.