SUNDIAL Inc. Trial Balance December 31 | ||
| Debit | Credit |
Cash | $ 16 |
|
Accounts Receivable | 26 |
|
Equipment | 191 |
|
Accounts Payable |
| $ 21 |
Capital Stock |
| 106 |
Retained Earnings |
| 56 |
Dividends | 11 |
|
Service Revenue |
| 189 |
Salaries Expense | 86 |
|
Depreciation | 26 |
|
Supplies Expense | 16 | ____ |
| $372 | $372 |
Which accounts are closed to Income Summary?
a All accounts.
b Revenue and expenses.
c Revenue, expenses, and dividends.
d All accounts that are not nominal.
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