Multiple Choice Question 78

Multiple Choice Question 78 The income statement for the month of June, 2018 of Sandhill Enterprises contains the following information: Revenues $6770 Expenses: Salaries and Wages Expense $3010 Rent Expense 1460 Advertising Expense 760 Supplies Expense 310 Insurance Expense 100 Total expenses 5640 Net income $1130 The entry to close Income Summary to Retained Earnings includes O credits to Expenses totalling $5640. O a credit to Income Summary for $1130. O a credit to Retained Earnings for $1130. O a debit to Revenues for $6770