Business, 08.04.2021 21:10 therealpr1metime45

The income statement for the month of June, 2015 of Camera Obscura Enterprises contains the following information: Revenues $7,000 Expenses: Salaries and Wages Expense $3,000 Rent Expense 1,500 Advertising Expense 800 Supplies Expense 300 Insurance Expense 100 Total expenses 5,700 Net income $1,300 The entry to close the expense accounts includes a Group of answer choices debit to Income Summary for $1,300. credit to Rent Expense for $1,500. credit to Income Summary for $5,700. debit to Salaries and Wages Expense for $3,000.

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The income statement for the month of June, 2015 of Camera Obscura Enterprises contains the followin...

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