The income statement for the month of June, 2022 of Snap Shot, Inc. contains the following information: The entry to close the expense accounts includes a
A) debit to Income Summary for $2,000.
B) credit to Rent Expense for $1,300.
C) credit to Income Summary for $5,300.
D) debit to Salaries and Wages Expense for $3,000.
Correct Answer:
Verified
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