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15 December, 17:25

When the balance of the income summary account is a debit, the entry to close this account is:

a. debit capital; credit income summary.

b. debit income summary; credit revenue.

c. debit revenue; credit income summary.

d. debit income summary; credit capital?

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Answers (1)
  1. 15 December, 17:30
    0
    Hello

    the best answer is c
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