Help 66) The income statement credit column of the worksheet showed the following revenues: Maintenance Fees $800 Professional Fees 700 The journal entry to close the revenue accounts is A) Income Summary 1,500 Maintenance Fees 800 Professional Fees 700 B) Maintenance Fees 800 Professional Fees 700 Income Summary 1,500 C) Capital 1,500 Income Summary 1,500 1,500 D) Maintenance Fees 800 Professional Fees 700 Capital 67) The business failed to close any of the revenue accounts. The result of this error is that A) revenues will be understated. B) capital will be understated. C) the assets will be overstated. D) the liabilities will be overstated. 68) When Income Summary has a credit balance and the account is closed, A) Capital is decreased. B) Capital is increased C) Withdrawals is increased. D) None of these are correct. RE