Question: View Policies Current Attempt in Progress The following information is from the Income Statement of the Oriole Laundry Service: Revenues Service Revenues $6370 Expenses Salaries
View Policies Current Attempt in Progress The following information is from the Income Statement of the Oriole Laundry Service: Revenues Service Revenues $6370 Expenses Salaries and wages expense $ 2400 Advertising expense 490 Rent expense 290 Supplies expense 200 Insurance expense 100 Total expenses 3480 Net income $2890 The entry to close the Laundry Service Revenue account includes a: O debit to Retained Earnings for $6370. O credit to Service Revenue for $6370. O debit to Service Revenue for $6370. O debit to Income Summary for $6370
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