Question: Your answer is incorrect. Try again. The income statement for the month of June, 2018 of Ayayai Enterprises contains the following information: Revenues Expenses: $6650
Your answer is incorrect. Try again. The income statement for the month of June, 2018 of Ayayai Enterprises contains the following information: Revenues Expenses: $6650 Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Insurance Expense $3030 1460 860 320 110 Total expenses 5780 $870 Net income The entry to close the expense accounts includes a O credit to Rent Expense for $1460. O debit to Salaries and Wages Expense for $3030. O credit to Income Summary for $5780. o debit to Income Summary for $870
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