=+3. Which of the following entries closes the owners drawing account at the end of the period?
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=+3. Which of the following entries closes the owner’s drawing account at the end of the period?
A. Debit the drawing account, credit the income summary account.
B. Debit the owner’s capital account, credit the drawing account.
C. Debit the income summary account, credit the drawing account.
D. Debit the drawing account, credit the owner’s capital account.
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Muhammad Umair
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