Use This Information from the Income Statement Columns of the Work

Multiple Choice

Use this information from the Income Statement columns of the work sheet of Oneida Landscape Service to answer the following question. The entry to close the Laundry Revenue account would be

A) Landscape Revenue 5,000
Income Summary 5,000
B) Income Summary 5,000
Landscape Revenue 5,000
C) Retained Earnings 5,000
Income Summary 5,000
D) Retained Earnings 5,000
Landscape Revenue 5,000