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The following information is from the Income Statement of the Skysong Laundry Service: Revenues Service Revenues $5070 Expenses Salaries and wages expense Advertising expense Rent

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The following information is from the Income Statement of the Skysong Laundry Service: Revenues Service Revenues $5070 Expenses Salaries and wages expense Advertising expense Rent expense Supplies expense Insurance expense Total expenses $ 1910 390 230 160 80 2770 Net income $2300 The entry to close the expense accounts includes a: O credit to Income Summary for $2770. O credit to Retained Earnings for $2770 O debit to Salaries and Wages Expense for $1910. O debit to Income Summary for $2770

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