How is the Income Summary account used in the closing procedure?

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: May 25, 2016 04:27 AM

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How is the Income Summary account used in the closing procedure?

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Balances of revenue and expense accounts are transf...View the full answer

College Accounting A Contemporary Approach

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