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The ledger of Sayel Company contains the following balances: Retained Earnings $420,000; Dividends $28,000; Service Revenue $560,000; Salaries Expense $378,000; Rent Expense $126,000; and interest

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The ledger of Sayel Company contains the following balances: Retained Earnings $420,000; Dividends $28,000; Service Revenue $560,000; Salaries Expense $378,000; Rent Expense $126,000; and interest revenue $105,000. the entry to close expense accounts will include a Select one: Debit to Income Summary for $609,000 Debit to Salaries Expense for $378,000. Credit to Income Summary for $504,000. Debit to Income Summary for $504,000

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