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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
The entry to close the expense accounts includes:
A) a debit to Retained Earnings and credits to the respective expense accounts.
B) a debit to Dividends and credits to the respective expense accounts.
C) debits to the respective expense accounts and a credit to Retained Earnings.
D) debits to the respective expense accounts and a credit to Dividends.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Amazing, that's all I can say
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