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Question 19 Not yet answered Marked out of 1.00 P Flag question Income Summary has a credit balance of $12,000 in J. Wenger Co. after

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Question 19 Not yet answered Marked out of 1.00 P Flag question Income Summary has a credit balance of $12,000 in J. Wenger Co. after closing revenues and expenses. The entry to close Income Summary is Select one: O a. credit Income Summary $12,000, debit Dividends $12,000. O b. debit Income Summary $12,000, credit Dividends $12,000. O c.credit Income Summary $12,000, debit Retained Earnings $12,000. O d. debit Income Summary $12,000, credit Retained Earnings $12,000

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