Which of the Following Entries Is a Closing Entry?
A) $\quad$

Which of the following entries is a closing entry?

A) Wages Payable 960
$\quad$ $\quad$ $\quad$ Wages Expense 960
B) Retained Earnings 4,530
$\quad$ $\quad$ $\quad$ Income Summary 4,530
C) Fees Receivable 1,500
$\quad$ $\quad$ $\quad$ Service Fees Revenue 1,500
D) Depreciation Expense 820
$\quad$ $\quad$ $\quad$ Accumulated Depreciation 820