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At December 31, Swifty Corporation reports net income of $556,800. Prepare the entry to close net income. (List all debit entries before credit entries.
At December 31, Swifty Corporation reports net income of $556,800. Prepare the entry to close net income. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Debit Credit eTextbook and Media
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
