Question: Multiple Choice Question 236 The following information is from the Income Statement of the Sunland Laundry Service: Revenues Service Revenues $6240 Expenses Salaries and wages

 Multiple Choice Question 236 The following information is from the Income
Statement of the Sunland Laundry Service: Revenues Service Revenues $6240 Expenses Salaries
and wages expense 2350 Advertising expense Rent expense Supplies expense Insurance expense

Multiple Choice Question 236 The following information is from the Income Statement of the Sunland Laundry Service: Revenues Service Revenues $6240 Expenses Salaries and wages expense 2350 Advertising expense Rent expense Supplies expense Insurance expense Total expenses 480 290 190 100 410 Net income $2830 The entry to close the Income Summary includes a: O credit to Common Stock for $2830 O debit to Income Summary for $2830. credit to Income Summary for $2830 O debit to Retained Earnings for $2830

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