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courses Intermediate Accounting Review Day Intermec The journal entry to transfer Net Income (profit) for the year to two partners will involve: Select one: O

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courses Intermediate Accounting Review Day Intermec The journal entry to transfer Net Income (profit) for the year to two partners will involve: Select one: O a. A debit to Income Summary and a credit to Revenue O b. A credit to Income Summary and a debit to each of the partners' capital accounts OC. A debit to Income Summary and a credit to each of the partners' capital accounts d. A debit to Income Summary and a credit to the senior partners capital account oue will acer

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