Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
b
2
M
2
V
2
f
2
c
2
c
2
K
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
majestico majestico
wrote...
Go to Answer
Posts: 1455
Rep: 6 0
7 years ago
When the balance of the Income Summary account is a credit, the entry to close this account is:
A) debit Income Summary; credit Capital.
B) debit Income Summary; credit Revenue.
C) debit Revenue; credit Income Summary.
D) debit Withdrawals; credit Income Summary.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 168 times
1 Reply
Replies
Answer verified by a subject expert
OmpaOmpa
wrote...
#1
Top Poster
Posts: 772
Rep: 18 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

majestico Author
wrote...

7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
annielin111
wrote...

Yesterday
You make an excellent tutor!
rhockeygirl
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  809 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 354
  
 138
  
 281
Your Opinion
Who's your favorite biologist?
Votes: 608
Previous poll results: Where do you get your textbooks?