Owner withdrawals for the current period are closed to:

harra

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Owner withdrawals for the current period are closed to:

Owner withdrawals for the current period are closed to:
A) the cash account.
B) the income summary account.
C) the owner's capital account.
D) the revenue accounts.

Textbook

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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