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Ate preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $29,000. The entry to close

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Ate preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $29,000. The entry to close the income summary account will be Multiple Choice O Debit Owner Caps $28.000 credit Income Summary $29,000 o Debit income Summary $29.000, credit Owner Withdrawals $29,000 Credit Owner Capita$29.000 debit Owner Withdrawals $29.000 Debit Owner Withdrawals $29,000, credit Income Summary $29,000, Debit Income Summary $29.000, credit Owner Capital $29,000

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