Multiple Choice Question 75

Multiple Choice Question 75 The income statement for the month of June, 2018 of Swifty Enterprises contains the following information: Revenues $6800 Expenses: Salaries and Wages Expense $2880 Rent Expense 1490 Advertising Expense 740 Supplies Expense 300 Insurance Expense 90 Total expenses 5500 Net income $1300 The entry to close the revenue account includes a O debit to Income Summary for $1300. O credit to Income Summary for $1300. O debit to Income Summary for $6800. O credit to Income Summary for $6800