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Use the following account balances from the adjusted trial balance of Gees Catering: Debit Credit Account Balance Balance Cash 13,800 Accounts payable 2,000 R. Gees,
Use the following account balances from the adjusted trial balance of Gees Catering: Debit Credit Account Balance Balance Cash 13,800 Accounts payable 2,000 R. Gees, Capital 17,800 R. Gees, Drawing 1,000 Fees revenue 12,300 salary expense Rent expense Supplies expense 7,000 6,200 6,000 Select thos Select the correct closing entry that Gees Catering would make to close their Income Summary account at the end of the accounting period Multiple Choice Account Name Income summary Debit $19,200 Credit R. Gees, Capital $19,200 Account Name R. Gees, Capital Debit $19,200 Credit Income sumary $19,200 Account Name Debit Credit R. Gees, Capital $6,900 Income summary Account tame Debit Credit Income summary $6,900 R. Gees, Capital 16,900
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