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Question 1 The income statement for the month of June, 2018 of Riverbed Enterprises contains the following information: Revenues Expenses: $6650 Salaries and Wages Expense

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Question 1 The income statement for the month of June, 2018 of Riverbed Enterprises contains the following information: Revenues Expenses: $6650 Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Insurance Expense $3030 1460 860 320 110 Total expenses 5780 Net income $870 After the revenue and expense accounts have been closed, the balance in Income Summary will be O $0. o a debit balance of s870. Oa credit balance of $870. o a credit balance of $6650. Click If you would like to Show Work for this question: Open Show Work

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