The income statement for the month of June, 2014 of Taylor Enterprises contains the following information: The entry to close the revenue account includes a
A) debit to Income Summary for ₤3,900.
B) credit to Income Summary for ₤3,900.
C) debit to Income Summary for ₤8,000.
D) credit to Income Summary for ₤8,000.
Correct Answer:
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