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BBenson's Worksheet Showed the Revenue Account,Rental Fees,$1,300 B) C) D)

Question 44

Multiple Choice

B.Benson's worksheet showed the revenue account,Rental Fees,$1,300.The journal entry to close the account is:

A) $\begin{array}{|l|lcc|}\hline \text { Rental Fees}\quad\quad\quad\quad &1,300\\ \hline\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Income Summary} &\quad\quad\quad\quad\quad\quad1,300\\\hline \end{array}$

B) $\begin{array}{|l|lcc|}\hline \text { Benson, Capital }\quad\quad\quad\quad &1,300\\ \hline\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text {Rental Fees} &\quad\quad\quad\quad\quad\quad1,300\\\hline \end{array}$

C) $\begin{array}{|l|lcc|}\hline \text { Rental Fees }\quad\quad\quad\quad &1,300\\ \hline\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Benson, Capital } &\quad\quad\quad\quad\quad\quad1,300\\\hline \end{array}$

D) $\begin{array}{|l|lcc|}\hline \text { Income Summary}\quad\quad\quad\quad &1,300 \\ \hline\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Rental Fees} &\quad\quad\quad\quad\quad\quad1,300\\\hline \end{array}$