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If income summary has a $13,500 debit balance before it is closed to the capital account, the company OA. had revenues that exceeded expenses by

image text in transcribed If income summary has a $13,500 debit balance before it is closed to the capital account, the company OA. had revenues that exceeded expenses by $13,500 B. had expenses that were $13,500 less than revenues O C. generated a net income of $13,500 OD. incurred a net loss of $13,500

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