Quiz Chapter 4 Help Save & Exit 1 After preparing and posting the closing entries for revenues and expenses, the income

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Quiz Chapter 4 Help Save Exit 1 After Preparing And Posting The Closing Entries For Revenues And Expenses The Income 1 (22.57 KiB) Viewed 10 times

Quiz Chapter 4 Help Save & Exit 1 After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $33,000 The entry to close the income summary account in a corporation will be Multiple Choice Debit Retained eamings $33,000, credit Income Summary $33,000 Debit Income Summary $33.000, credit Retained earnings $33,000 Debt Income Summery $33,000, credit Share Capital $33,000 Credit Share Capital $33.000 debe Dividends $33.000 Activate Windows Decl Erwy poem 2002925 Mc Grow Hin 1 of Next > Submit Paned