The Following Information Is from the Income Statement of the Campus

question 156

Multiple Choice

The following information is from the Income Statement of the Campus Laundry Service: The entry to close the Service Revenue account includes a:

• A)debit to Service Revenue for $6,500.
• B)credit to Service Revenue for $6,500.
• C)debit to Income Summary for $6,500.
• D)debit to Retained Earnings for $6,500.

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