ie first two closing entries to the Income Summary account indicate a debit of $44,800 and a credit 0$38,100. The third closing entry would be Multiple Choice debit Income Summary $6,700; credit Capital $6,700 debit Income Summary $38,100; credit Capital $38,100 debit Capital $44,800; credit Income Summary $44,800 debit Capital \$6,700; credit Income Summary $6,700