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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

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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 is: Select one: a debit Expenses OMR 5,000, credit Ahmad, Capital OMR 5.000 b. debit Expenses OMR 5,000, credit Income Summary OMR 5,000 a debit Income Summary OMR 5,000 credit Expenses OMR 5,000 od debit income Summary OMR 5,000 credit Revenue OMR 5,000

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