Multiple Choice Question 76

Multiple Choice Question 76 The income statement for the month of June, 2018 of Pina Enterprises contains the following information: Revenues $6650 Expenses: Salaries and Wages Expense $3030 Rent Expense 1460 Advertising Expense 860 Supplies Expense 320 Insurance Expense 110 Total expenses 5780 Net income $870 The entry to close the expense accounts includes a O credit to Rent Expense for $1460. credit to Income Summary for $5780. O debit to Salaries and Wages Expense for $3030. debit to Income Summary for $870