The income statement for the month of June, 2020 of Vaughn, Inc. contains the following information

The entry to close the revenue account includes a

The income statement for the month of June, 2020 of Vaughn, Inc. contains the following information fol Revenues $6780 Expenses: 202 Salaries and Wages Expense $3020 Rent Expense 1570 Advertising Expense 840 Supplies Expense 310 70 Insurance Expense 100 Total expenses 5840 Net income $940 The entry to close the revenue account includes a ca O debit to Income Summary for $940. debit to Income Summary for $6780. credit to Income Summary for $940. credit to Income Summary for $6780