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Alpha Express Capital account has a credit balance of 521.000 before closing entries are made total income Summary was 48,800 credit baie and withdrawals were

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Alpha Express Capital account has a credit balance of 521.000 before closing entries are made total income Summary was 48,800 credit baie and withdrawals were $5,000 The ending balance in the Alpha Express Capital account her all closing entries are made will have 500.000 credit balance True False

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