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The following information was pulled from the adjusted trial balance of ABC Company. Total Revenues Total Expenses Total Dividends $40.000 $26 000 $4,000 Retained Earnings
The following information was pulled from the adjusted trial balance of ABC Company. Total Revenues Total Expenses Total Dividends $40.000 $26 000 $4,000 Retained Earnings $110,000 Assuming you make 4 closing entries, what amount should be debited or credited to Income Summary when closing dividends? Enter your answer without a dollar sign or comma. For a debit, enter a positive number. For a credit, enter a negative number.
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