Answer: Please see below for the answer
Step-by-step explanation:
Entry for accrued salaries
Date August, 31
ACCOUNT TITLE DEBIT CREDIT
Salary expense $ 3,760
Salaries payable $3,760
Entry for Closing salary Expense
Date: August, 31
ACCOUNT TITLE DEBIT CREDIT
Income summary (258,370+3,760) $262,030
Salaries expense $262,030
Hannah's Pool Service Company Statement of Owner’s Equity For the Year Ended December 31
Hannah Roberts Capital Jan, 1st $303,110
Investments during the year $20,810
Net income (add) $58,430
Withdrawals during the year(subtract)$39,530
Owners equity $39,710
Capital for December 31st $342,820
*Capital for December 31st is capital on January 1st plus owner's equity.