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Expenses has a debit balance of OMR 5,000 in Muscat Co. if the closing entry will made at the year end, The entry to close
Expenses has a debit balance of OMR 5,000 in Muscat Co. if the closing entry will made at the year end, The entry to close Expenses is: Select one: a. debit Expenses OMR 5,000, credit Ahmad, Capital OMR 5,000 b. debit Income Summary OMR 5,000, credit Revenue OMR 5,000 c. debit Expenses OMR 5,000, credit Income Summary OMR 5,000 d. debit Income Summary OMR 5,000, credit Expenses OMR 5,000 0 ENG T
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