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upton upton
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6 years ago
When the balance in the Income Summary account is a debit, the company has:
A) had more revenue than expenses.
B) made an error in their closing entries.
C) incurred a net loss.
D) incurred a net income.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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6 years ago
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upton Author
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6 years ago
Thank you, thank you, thank you!
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Just got PERFECT on my quiz
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2 hours ago
Brilliant
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