Using the following general ledger accounts, record the general journal to transfer gross profit at year end:

Select one:

a. Debit sales 45,680 credit trading 45,680

b. Debit Trading 24,990 credit profit and loss 24,990

c. Debit profit and loss 4,690 credit capital 4,690

d. Debit profit and loss 24,990 credit trading 24,990