Mantle Company Worksheet For the Year Ended December 31, 2014 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash $16,000 $16,000 Accounts Receivable $6,000 $6,000 Supplies $2,000 $2,000 Equipment $19,000 $19,000 Accumulated Depr-Equip $6,000 $6,000 Accounts Payable $10,000 $10,000 Wages Payable $2,000 $2,000 L. Mantle, Capital $10,440 $10,440 L. Mantle, Drawing $1,000 $1,000 Fees Earned $46,699 $46,699 Wages Expense $20,241 $20,241 Rent Expense $6,827 $6,827 Depreciation Expense $4,071 $4,071 Totals $75,139 $75,139 $31,139 $46,699 $44,000 $28,440 Net Income (Loss) $15,560 $15,560 $46,699 $46,699 $44,000 $44,000 Determine the journal entry to close revenues. Select the correct answer. debit Income Summary $46,699, credit Fees Earned $46,699 credit Fees Earned $46,699 credit L. Mantle, Capital $46,699 debit Fees Earned $46,699 credit Income Summary $46,699 debit L. Mantle, Capital $46,699, credit Fees Earned $46,699