Use This Adjusted Trial Balance to Answer the Following Question

question 225

Multiple Choice

Use this adjusted trial balance to answer the following question. The entry to close the Boat Rentals account includes a

• A) debit to Retained Earnings for $34,000.
• B) debit to Income Summary for $34,000.
• C) debit to Boat Rentals for $34,000.
• D) credit to Boat Rentals for $34,000.