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D Question 28 2.5 pts The Retained earnings account has a credit balance of $41,000 before closing entries are made. Services revenue for the period
D Question 28 2.5 pts The Retained earnings account has a credit balance of $41,000 before closing entries are made. Services revenue for the period is $59,200, wages expense is $41,800, and dividends are $10,600. What is the correct closing entry for the revenue accounts? O Debit Services Revenue $59.200; credit Income Summary $59,200. Debit Income Summary $41,000; credit Retained Earnings $41.000. O Debit Services Revenue $59,200; credit Retained Earnings $41,000. O Debit Services Revenue $41,000; credit Retained Earnings $41.000. Debit Income Summary $59,200; credit Services Revenue $59,200
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