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Journalizing and posting adjusting and closing entries and preparing a post closing trial balance. how do you determine the income summary? Elaborate all steps.

 Journalizing and posting adjusting and closing entries and preparing a post closing trial balance. how do you determine the income summary? Elaborate all steps.

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Determining the income summary involves the closing process in accounting where temporary accounts are closed into the permanent equity accounts such ... blur-text-image

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