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How is Income Summary closed if the company had a net loss? A. Debit Withdrawals; credit Capital B. Credit Income Summary; debit Capital C. Debit

How is Income Summary closed if the company had a net loss?

A.

Debit Withdrawals; credit Capital

B.

Credit Income Summary; debit Capital

C.

Debit Capital; credit Revenue

D.

Debit Income Summary; credit Capital

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