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 their revenue account$($s$)$ at the end of the accounting period.

Multiple Choice

debit P$.$ Black, Capital and credit Fees Revenue for $$18,000$

debit Fees Revenue and credit Income Summary for $$18,000$

debit Fees Revenue and credit P$.$ Black, Capital for $$18,000$

debit Income Summary and credit Fees Revenue for $$18,000$