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if revenues are $300,000, expenses are $240,000 and dividends are $35,000, before it is closed, the Income Summary will have a: Multiple Choice Debit balance
if revenues are $300,000, expenses are $240,000 and dividends are $35,000, before it is closed, the Income Summary will have a: Multiple Choice Debit balance of $25,000 O Credit balance of $25,000 O Credit balance of $60,000 Debit balance of $60,000
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