a-company-has-the-following-expenses-rent-1200-salaries-2500-utilities-300-what-

Question

A company has the following expenses: Rent $$1,200, Salaries 2$$,500, Utilities $300. What is the total debit to the Income Summary account during closing?

Accepted Answer

$4,000

Answer

$4,500

Answer

$4,200

Answer

$3,800

A company has the following expenses: Rent \$1,200, Salaries \$2,500, Utilities \$300. What is the total debit to the Income Summary account during closing?