After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $23,000. the entry to close the income summary account will be: debit owner withdrawals $23,000; credit income summary $23,000. debit income summary $23,000; credit owner withdrawals $23,000. debit income summary $23,000; credit owner capital $23,000. debit owner capital $23,000; credit income summary $23,000. credit owner capital $23,000; debit owner withdrawals $23,000.