To close the Fees Earned account: O A. debit Capital; credit Fees Earned. OB. debit Fees Earned; credit Income Summary O C. debit Fees Earned; credit Capital. O D. debit Fees Earned; credit Withdrawals. When Income Summary has a credit balance and the account is closed: O A. Revenue is decreased. O B. Capital is decreased. O C. Withdrawals is increased. O D. Capital is increased. J. Oakely showed a net loss of $5,500. The entry to close the Income Summary account would include a: O A. debit to Income Summary, $5,500. OB. credit to Cash, $5,500. O C. debit to Oakely, Capital, $5,500. OD. credit to Oakely, Capital, $5,500 Sandra's Design Studio showed office supplies account showed a balance of $1,000. A count of the supplies loft on hand as of June 30 was $700. The adjusting journal entry is 300 O A. Office Supplies Expense Office Supplies OB. Office Supplies Office Supplies Expense Oc Office Supplies Expense Office Supplies OD. Office Supplies Office Supplies Expense