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l The income statement for the month of June, 2020 of Snap Shot, Inc. contains the following information: Revenues $7,300 Expenses: Salaries and Wages Expense

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The income statement for the month of June, 2020 of Snap Shot, Inc. contains the following information: Revenues $7,300 Expenses: Salaries and Wages Expense $3,000 Rent Expense 1,300 Advertising Expense 700 Supplies Expense 200 Insurance Expense 100 Total expenses 5300 Net income $2.000 The entry to close the revenue account includes a debit to Income Summary for $2,000. credit to Income Summary for $2,000. debit to Income Summary for $7,300 credit to Income Summary for $7,300

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