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A company had services revenues of $59,000 and expenses of $46,000 for the accounting period. Dividends of $6,500 were paid in cash during the same

A company had services revenues of

$59,000

and expenses of

$46,000

for the accounting period. Dividends of

$6,500

were paid in cash during the same period. Which of the following entries could not be a closing entry?\ Multiple Choice\ Debit Income Summary

$13,000

; credit Retained Earnings

$13,000

.\ Debit Income Summary

$46,000

; credit Expenses

$46,000

.\ Debit Services Revenue

$59,000

; credit Income Summary

$59,000

.\ Debit Retained Earnings

$6,500

; credit Dividends

$6,500

.\ Debit Income Summary

$59,000

; credit Services Revenue

$59,000

.

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A company had services revenues of $59,000 and expenses of $46,000 for the accounting period. Dividends of $6,500 were paid in cash during the same period. Which of the following entries could not be a closing entry? Multiple Choice Debit Income Summary $13,000; credit Retained Earnings $13,000. Debit Income Summary $46,000; credit Expenses $46,000 Debit Services Revenue $59,000; credit Income Summary $59,000. Debit Retained Earnings $6,500; credit Dividends $6,500. Debit Income Summary $59,000; credit Services Revenue $59,000

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