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The income statement for the year 2016 of Bugati Co. contains the informations: Revenues $73,000, Expenses $79,500, and Net income (loss) $(6,500). After all closing

The income statement for the year 2016 of Bugati Co. contains the informations: Revenues $73,000, Expenses $79,500, and Net income (loss) $(6,500). After all closing entries have been posted, the revenue account will have a balance of*

$0.

$73,000 credit.

$73,000 debit.

$6,500 credit.

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