The First Two Closing Entries to the Income Summary Account

Multiple Choice

The first two closing entries to the Income Summary account indicate a debit of $53,000 and a credit of $64,000. The third closing entry would be:

A) debit Capital $11,000; credit Income Summary $11,000.
B) debit Revenue $64,000; credit Expenses $53,000.
C) debit Income Summary $11,000; credit Drawing $11,000.
D) debit Income Summary $11,000; credit Capital $11,000.