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1 of 25 complete) This Quiz: 75 pls posib ods Company earned revenues of $12,000 and incurred expenses of 59.500. The owner, Woods, withdraw 53,000.

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1 of 25 complete) This Quiz: 75 pls posib ods Company earned revenues of $12,000 and incurred expenses of 59.500. The owner, Woods, withdraw 53,000. What is the balance in the income Summary account the designet come or loss to the Wood Capital count? A. credit balance of $9,500 B. credit balance of $2,500 C. debit balance of $12.000 D. balance of 50 o

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