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Question 18 The income statement for the month of June, 2020 of Sandhill Inc, contains the following information: Revenues $6670 Expenses: Salaries and Wages Expense

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Question 18 The income statement for the month of June, 2020 of Sandhill Inc, contains the following information: Revenues $6670 Expenses: Salaries and Wages Expense $2940 Rent Expense 1480 Advertising Expense 750 Supplies Expense 320 Insurance Expense 100 Total expenses 5590 Net income $1080 The entry to close the revenue account includes a O debit to Income Summary for $1080. O credit to Income Summary for $1080. O debit to Income Summary for $6670. O credit to Income Summary for $6670. LINK TO TEXT Question 18 The income statement for the month of June, 2020 of Sandhill Inc, contains the following information: Revenues $6670 Expenses: Salaries and Wages Expense $2940 Rent Expense 1480 Advertising Expense 750 Supplies Expense 320 Insurance Expense 100 Total expenses 5590 Net income $1080 The entry to close the revenue account includes a O debit to Income Summary for $1080. O credit to Income Summary for $1080. O debit to Income Summary for $6670. O credit to Income Summary for $6670. LINK TO TEXT

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