Question: Your answer is incorrect. The income statement for the month of June, 2021 of Sage Enterprises contains the following information: Revenues $6980 Expenses: $3030 Salaries

 Your answer is incorrect. The income statement for the month of

Your answer is incorrect. The income statement for the month of June, 2021 of Sage Enterprises contains the following information: Revenues $6980 Expenses: $3030 Salaries and Wages Expense Rent Expense 1560 Advertising Expense 730 Supplies Expense 290 Insurance Expense 110 Total expenses 5720 Net income $1260 The entry to close the revenue account includes a debit to Income Summary for $6980. credit to Income Summary for $6980. credit to Income Summary for $1260. debit to Income Summary for $1260

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