Use the following account balances from the adjusted trial balance of Black Consulting:

Select the correct closing entry that Black Consulting would make to close the owner's drawing account at the end of the accounting period.

Multiple Choice

debit P$.$ Black, Drawing $$600$ and credit Income Summary for $$600$

debit Income Summary $$600$ and credit P$.$ Black, Drawing for $$600$

debit P$.$ Black, Capital $$600$ and credit P$.$ Black, Drawing for $$600$

debit P$.$ Black, Drawing $$600$ and credit P$.$ Black, Capital for $$600$