15. Karen's Kennels has revenues of S6,600, expenses of $2,700, and paid dividends of $1,500. The entry to close revenues is: A. B. C. D. 6,600 debit 6,600 debit 6,600 credit 6,600 credit 6,600 debit 6,600 credit 6,600 credit 6,600 debit 16. Karen's Kennel has revenues of S6,600, expenses of $2,700, and paid dividends of $1,500. The entry to close expenses is: B. C. D. Income Summary 2,700 credit 2,700 credit 2,700 debit 2,700 debit Expenses 2,700 credit 2,700 debit 2,700 debit 2,700 credit 17. Karen's Kennel has revenues of $6,600, expenses of $2,700, and paid dividends of $1,500. The entry to close the Income Summary account is: A. B. C. Income Summary 3,900 credit 3,900 credit 3,900 debit 3,900 debit Retained Earnings 3,900 credit 3,900 debit 3,900 debit 3,900 credit D. 18. Karen's Kennels has revenues of $6,600, expenses of $2,700, and paid dividends of $1,500. The entry to close the Dividends account is: A. B. C. D. Dividends 1,500 debit 1,500 debit 1,500 credit 1,500 credit Retained Earnings 1,500 debit 1,500 credit 1,500 credit 1,500 debit 19. Karen's Kennel has revenues of S6,600, expenses of $2,700, and paid dividends of $1,500. After the closing process, what is the ending balance in the Retained Earnings account, assuming the beginning balance in Retained Earnings was zero? A. 2,400 credit B. 2,400 debit C. 3,900 credit D. 3,900 debit