[The following information applies to the questions displayed below.]

Shown below is a trial balance for Novelty Toys, Inc., on December 31,after adjusting entries:

Novelty Toys, Inc.
Trial Balance
December 31
Cash	$	7,750
Accounts Receivable		6,375
Office Equipment		11,250
Accumulated Depreciation					$	3,000
Accounts Payable						3,875
Capital Stock						11,250
Retained Earnings						-0-
Dividends		3,750
Fees Earned						22,750
Salaries Expense		8,000
Advertising Expense		1,625
Depreciation Expense		2,125
	$	40,875			$	40,875

The entry to close Salaries Expense account will:

Multiple Choice

Include a debit to Salaries Expense.

Transfer the total of Salaries Expense directly to Retained Earnings.

Include a debit to Income Summary.

Include a credit to Capital Stock.