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Cebie Credi Caa Accounts Recewale s 21 1046 Aceounts Pasable Capital Stock 56 Retained Earning Dividends 189 Service Revenue Salaries Expense 86 26 Depreciation Supplies

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Cebie Credi Caa Accounts Recewale s 21 1046 Aceounts Pasable Capital Stock 56 Retained Earning Dividends 189 Service Revenue Salaries Expense 86 26 Depreciation Supplies Expense 322$372 1 What is the balance in Income Summary before it is closed to Retained Earnings a $61. b $s0. e $73 d $145 2 What is the balance in Retained Earnings after posting closing entries at Dec b $106. c $61. d $45. 3 What is the total debits on the after-closing trial balance? a $222. b $372 c $233 d $161. 4 Which accounts are closed to Income Summary? a All accounts. b Revenue and expenses. Revenue, expenses, and dividends d All accounts that are not nominal. c Which accounts will appear on the balance sheet? Retained earnings of $56. b a Dividends of $11. Net income of $60. None of the above

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