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Multiple Choice! Income Summary has a credit balance of $24050 in B. Blossom Co. after closing revenues and expenses. The entry to close Income Summary
Multiple Choice!
Income Summary has a credit balance of $24050 in B. Blossom Co. after closing revenues and expenses. The entry to close Income Summary is debit Income Summary $24050, credit Owner's Capital $24050. credit Income Summary $24050, debit Owner's Drawings $24050. credit Income Summary $24050, debit Owner's Capital $124050. debit Income Summary $24050, credit Owner's Drawings $24050 Step by Step Solution
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Handbook Of Energy Audits
Authors: Albert Thumann, William J. Younger
6th Edition
0824709985, 978-0824709983
