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FIII in the Blank Question Review and complete the following statement regarding the Income Summary account. The Income Summary account is ( debited / credited
FIII in the Blank Question
Review and complete the following statement regarding the Income Summary account. The Income Summary account is debitedcredited for the sum of all revenue accounts and is debitedcredited for the sum of all expense accounts and its balance will be transferred to the letained EarningsCash account.
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