Question: Step by step solution with clear hand writing 13 red Stone Company earned revenues of $15,000 and incurred expenses of $21,000. The withdrawals of Albert

 Step by step solution with clear hand writing 13 red Stone

Step by step solution with clear hand writing

13 red Stone Company earned revenues of $15,000 and incurred expenses of $21,000. The withdrawals of Albert Stone, the owner, were $3,000. What is the balance in the Income Summary account prior to closing net income or loss to the Stone, Capital account? d out of g stion Select one: O Debit balance of $21,000 O Credit balance of $6,000 O Debit balance of $15,000 O Credit balance of $15,000 O Debit balance of $6,000

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