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8. If sales are $150,000, expenses are $110,000 and dividends are $30,000, income summary: A) Will have a credit balance of $40,000. B) Will have

8. If sales are $150,000, expenses are $110,000 and dividends are $30,000, income summary: A) Will have a credit balance of $40,000. B) Will have a debit balance of $40,000. C) Will have a debit balance of $10,000. D) Will have a credit balance of $10,000

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