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Question Completion Status: S AK TO 915 LS Moving to another question will save this response. Question 10 Account Service Revenue 12000 Salaries Expense 2000

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Question Completion Status: S AK TO 915 LS Moving to another question will save this response. Question 10 Account Service Revenue 12000 Salaries Expense 2000 Supplies 400 Cars 8500 Depreciation expense-Cars Accumulated Depreciation-Cars 2500 Cash 2500 9000 Accounts Receivable 5500 Accounts Payable 1100 Prepaid Insurance 6500 28500 26500 Answer the following: The closing entry of the income summary into retained earnings: Debit Retained Earnings $7000 Credit Income Summary $2500 Credit Income Summary$7000. Debit Income Summary $7000

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