sferences Mailings Review View Help 69) When revenue is closed, A) Owner's Capital will be debited. B) Income Summary will be debited. C) Income Summary will be credited. D) None of these are correct. 70) When the expenses are closed, A) Owner's Capital will be debited. B) Income Summary will be debited. C) Income Summary will be credited. D) None of these are correct. 71) When the Withdrawals account is closed, A) Owner's Capital will be debited. B) Income Summary will be debited. I C) Income Summary will be credited. D) None of these are correct. 72) The Income Summary account debited and the expense accounts credited would be the result of A) closing the Income Summary account,there is a net income. B) closing the revenue accounts. C) closing the income Summary accounts-there is a net loss. D) closing the expense accounts. 73) The revenue accounts debited and the Income Summary account credited would be the result of A) closing the Income Summary account--there is a net income. B) closing the Income Summary account--there is a net loss. C) closing the revenue accounts. D) closing the expense accounts