The closing entry for Sales Discounts includes a. Sales Discounts b. Sales Discounts Income Summary Sales Revenue

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The closing entry for Sales Discounts includes

a. Sales Discounts

b. Sales Discounts Income Summary Sales Revenue

c. Income Summary Sales Discounts

d. Not used: Sales Discounts is a permanent account, which is not closed.

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Horngrens Accounting Volume 1

ISBN: 9780135359709

11th Canadian Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood

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