Business, 25.08.2021 16:20, tatim210

Revenues Service Revenues $6630 Expenses Salaries and wages expense $ 2500 Advertising expense 510 Rent expense 310 Supplies expense 200 Insurance expense 100 Total expenses 3620 Net income $3010 The entry to close Income Summary includes a: debit to Income Summary for $3010. credit to Common Stock for $3010. debit to Retained Earnings for $3010. credit to Income Summary for $3010. If there is an error in the ending inventory affecting the net income of the current period, what will happen to the net income of the next accounting period

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Revenues Service Revenues $6630 Expenses Salaries and wages expense $ 2500 Advertising expense 510 R...