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Use the following account balances from the adjusted trial balance of Gees Catering: Account Cash Accounts payable Debit Credit Balance Balance 12,300 2,000 R. Gees,
Use the following account balances from the adjusted trial balance of Gees Catering: Account Cash Accounts payable Debit Credit Balance Balance 12,300 2,000 R. Gees, Capital 18,100 R. Gees, Drawing 1,000 Fees revenue 11,900 Salary expense 7,000 7,200 6,000 Rent expense Supplies expense Select the correct closing entry that Gees Catering would make to close their revenue account(s) at the end of the accounting period. Select the correct closing entry that Gees Catering would make to close their revenue account(s) at the end of the accounting period. Multiple Choice Account Name Income summary Debit $ 11,900 Credit $ Fees revenue 11,900 Account Name R. Gees, Capital Debit $11,900 Credit Fees revenue 11,900 Account Name Fees revenue Debit $11,900 Credit $ Income summary 11,900 Account Name Fees revenue Debit $11,900 Credit R. Gees, Capital 11,900
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