The entry closing the Expense and Revenue Summary is a
A. debit of $1,079.72 because there’s net profit.
B. debit of $1,079.72 because there’s a net loss.
C. credit of $1,079.72 because there’s net profit.
D. credit of $1,079.72 because there’s a net loss.
. Please, please help me out. I only have 6 more questions. These are the only things stopping me from graduating

Question

The entry closing the Expense and Revenue Summary is a
A. debit of $1,079.72 because there’s net profit.
B. debit of $1,079.72 because there’s a net loss.
C. credit of $1,079.72 because there’s net profit.
D. credit of $1,079.72 because there’s a net loss.
. Please, please help me out. I only have 6 more questions. These are the only things stopping me from graduating