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Q2 The income statement for the month of June, 2008 of Delgado Enterprises contains the following information: Revenues $20,500) Expenses Salaries Expense $8,500 Maintenance Expense

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Q2 The income statement for the month of June, 2008 of Delgado Enterprises contains the following information: Revenues $20,500) Expenses Salaries Expense $8,500 Maintenance Expense $4,500 Total expenses Net income $13.000 $7,500 Do the closing entry to the Revenue, Expense and Income Summary

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