The closing entry for Sales Discounts is ( (p .194) ) a. Sales Discounts c. Income Summary
Question:
The closing entry for Sales Discounts is ( \(p .194\) )
a. Sales Discounts
c. Income Summary Income Summary Sales Discounts
b. Sales Discounts
d. Not used: Sales Discounts Sales Revenue is a permanent account, which is not closed.
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Related Book For 
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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