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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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7 years ago
The journal entry to close a net income to the partners is to:
A) credit Income Summary; debit the capital accounts.
B) credit Net Loss; debit the capital accounts.
C) debit Income Summary; credit the capital accounts.
D) debit Net Loss; credit the capital accounts.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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upton Author
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7 years ago
this is exactly what I needed
patod1
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Yesterday
Helped a lot
homework1
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2 hours ago
Correct Slight Smile TY
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