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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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7 years ago
The income statement credit column of the worksheet showed the following revenues:

Catering Fees Earned   $600
Cleaning Fees Earned   800

The journal entry to close the revenue accounts is:
A) Income Summary   1,400
Catering Fees Earned   600
Cleaning Fees Earned   800

B) Catering Fees Earned   600
Cleaning Fees Earned   800
Income Summary   1,400

C) Catering Fees Earned   600
Cleaning Fees Earned   800
Capital   1,400

D) Capital   1,400
Income Summary   1,400
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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LaffioLaffio
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7 years ago
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upton Author
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7 years ago
Smart ... Thanks!
halyna
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Thanks
riptide
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