Question: NTING PRINCIPLES I Section 3 Lecture (20201_020 Courses / ACCOUNTING PRINCIPLES I Section3 Lecture (20201 020111011 AAUP JENIN)/ 26 January - 1 February Time

NTING PRINCIPLES I Section 3 Lecture (20201_020 Courses / ACCOUNTING PRINCIPLES I

NTING PRINCIPLES I Section 3 Lecture (20201_020 Courses / ACCOUNTING PRINCIPLES I Section3 Lecture (20201 020111011 AAUP JENIN)/ 26 January - 1 February Time left C If the following balances are exist in the adjusted trial balance:Service revenues $35,000Interest expense $ 10,000Salaries Expense $ 30,000Rent Revenues $ 4,000Depreciation Expense $ 7,000Drawings $3,000 The closing entry for the Income summary would include: O a Capital account should be Debited (Dr.) by $8,000. O b. Capital account should be Credited (Cr.) by $ 11,000. Oc Income summary account should be Credited (Cr.) by $11,000. Od. Income summary account should be Debited (Dr.) by $8,000. Jump to... = You are logged in as Adam Alaboushi (Log out) ACCOUNTING PRINCIPLES I Section3 Lecture (20201 020111011 AAUP-JENIN) Data retention summary Cat the mahila Next pa

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