The journal entry to close income summary when there is a net income is (a) debit sales; credit income summary. (b) debit owner's capital; credit income summary. (a) debit owner's capital; credit sales. (d) debit income summary; credit owner's capital.
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Home » Business » The journal entry to close income summary when there is a net income is (a) debit sales; credit income summary. (b) debit owner's capital; credit income summary. (a) debit owner's capital; credit sales.