Another Question Go to Table of Contents 7b. Debits exceeded Credits, in other words, Expenses exceeded Revenues. Another Question Go to Table of Contents 8a. Another Question Go to Table of Contents 8b. Another Question Go to Table of Contents 9a.
Expenses are debits to Income Summary and revenues are credits to Income Summary.
Another Question Go to Table of Contents 9b. Expenses are debits to Income Summary and revenues are credits to Income Summary. Another Question Go to Table of Contents 9c. Expenses are debits to Income Summary and revenues are credits to Income Summary. Expenses are debits to Income Summary and revenues are credits to Income Summary.