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Title: The Income Summary account has a credit balance of $20,000 after the revenue and expense accounts ... Post by: H3Ko on Aug 29, 2016 The Income Summary account has a credit balance of $20,000 after the revenue and expense accounts have been closed. Which of the following is to be credited to close the Income Summary account?
A) Retained Earnings B) Cost of Goods Sold C) Dividends D) Sales Revenue Title: Re: The Income Summary account has a credit balance of $20,000 after the revenue and expense ... Post by: Tanks on Aug 29, 2016 Content hidden
Title: Re: The Income Summary account has a credit balance of $20,000 after the revenue and expense accounts ... Post by: H3Ko on Oct 12, 2016 I just realized you had posted this! Thanks so much
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