The first two closing entries to the Income Summary account indicate a debit of $53,000 and a credit of $64,000. The third closing entry would be
a) debit Capital Stock $11,000; credit Income Summary $11,000
b) debit Income Summary $11,000; credit Retained Earnings $11,000
c) debit Revenue $64,000; credit Expenses $53,000; credit debit Income Summary $11,000
d) debit Revenue $64,000; credit Expenses $53,000; credit debit Retained Earnings $11,000
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