Question: Multiple Choice Question 234 The following information is from the Income Statement of the Sheridan Laundry Service: $5330 $ 2010 Revenues Service Revenues Expenses Salaries

 Multiple Choice Question 234 The following information is from the Income

Multiple Choice Question 234 The following information is from the Income Statement of the Sheridan Laundry Service: $5330 $ 2010 Revenues Service Revenues Expenses Salaries and wages expense Advertising expense Rent expense Supplies expense Insurance expense Total expenses 410 2910 Net income $2420 The entry to close the Laundry Service Revenue account includes a: debit to Retained Earnings for $5330. debit to Service Revenue for $5330. credit to Service Revenue for $5330. debit to Income Summary for $5330

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