Indicate the answer choice that best completes the statement or answers the question. 6. Shores Sports rents canoes and kayaks. Below is the adjusted trial balance at December 31. Debit Credit 1,500 2,000 100 1,600 2,800 15,000 Cash Accounts Receivable Interest Receivable Prepaid Insurance Notes Receivable (long- term) Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Payable Income Taxes Payable Unearned Rent Fees Common Stock Dividends 3,000 2,400 3,920 2,700 500 7,700 2,000 37,000 1,300 Rental Revenue Service Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Totals 19,000 1,800 320 700 9,000 2.700 58,520 The entry required to close the revenue and expense accounts at the end of the period includes a: a. debit to Retained Earnings for $33,520 b. credit to Retained Earnings for $33,520 c. debit to Retained Earnings for $4,780 d. credit to Retained Earnings for $4,780 gia Indicate the answer choice that best completes the statement or answer the question 6. Shores Sports rents canoes and kayaks. Below is the adjusted trial balance at December 31 Debit Credit 1,500 2,000 100 1.600 2,800 15,000 3,000 2,400 3,920 2,700 500 7,700 Alt Cash Accounts Receivable Interest Receivable Prepaid Insurance Notes Receivable (long- term) Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Payable Income Taxes Payable Unearned Rent Fees Common Stock Dividends Rental Revenue Service Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense Totals 2,000 37,000 1,300 19,000 1,800 320 700 9,000 2.700 58,520 58,520 The entry required to close the revenue and expense accounts at the end of the period includes a: a. debit to Retained Earnings for $33,520 b. credit to Retained Earnings for $33,520 c. debit to Retained Earnings for $4,780 d. credit to Retained Earnings for $4,780