So She had an evenwes of $200.000 eurot 11200 and ends of 20000 during the content on the standing deng had balance of $2.000. The entry to close the Income Summary account at the end of the year where and expense accounts we been doned Dincome Sum 400 Det er en 30.000 12.00 Dutcome Syd Debit Income Summary $64.800, credit Retained earnings $64,800 Debit Retained earnings $312,000, credit Income Summary $312,000 Debit Income Summary $88,800, credit Retained earnings $88,800 Debit Retained earnings $88,800; credit Income Summary $88,800 Debit Retained earnings $64,800, credit Income Summary $64.800 High Step Shoes had annual revenues of $200.000 perces of 5111,200 and dividends of 24 000 during the current year. The vanem aan het cong had a balance of $312.000 The entry to close the income Summary out the end of the year after revenge and expense accounts have been closed