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1. Which of the following is an appropriate closing entry? Date Accounts and Explanations Debit Credit A. Income Summary XXX Service Revenue XXX B. Salary

1. Which of the following is an appropriate closing entry?

Date

Accounts and Explanations

Debit

Credit

A.

Income Summary

XXX

Service Revenue

XXX

B.

Salary Payable

XXX

Income Summary

XXX

C.

Service Revenue

XXX

Income Summary

XXX

D.

Salary Expense

XXX

Income Summary

XXX

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