Use This Information from the Income Statement Columns of the Work

Use this information from the Income Statement columns of the work sheet of Corner Laundry Service to answer the following question.
$\begin{array} { | l | r | r | } \hline & { \text { Income Statement } } \\\hline & \text { Debit } & \text { Credit } \\\hline \text { Laundry Revenue } & & 2,500 \\\hline \text { Wages Expense } & 750 & \\\hline \text { Rent Expense } & 500 & \\\hline \text { Supplies Expense } & 300 & \\\hline \text { Insurance Expense } & 200 & \\\hline \text { Income Taxes Expense } & 50 & \\\hline\\\text { Net Income } & 1,800 & 2,500 \\& 700 & \\\hline&2,500&2,500\\\hline\end{array}$
The entry to close the expense accounts includes a

A) $\begin{array} { l l } \text { All Expenses } & 1,800 \\\text { Retained Earnings } & 1,800\end{array}$
B) All Expenses $\quad$$\quad$ 1,800
Income Summary $\quad$$\quad$ 1,800
C) Income Summary $\quad$$\quad$ 1,800
All Expenses $\quad$$\quad$ 1,800
D) $\begin{array} { l l l } \text { Retained Earnings } & 1,800 \\\text { All Expenses } & & 1,800\end{array}$