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o Jackson Services, Inceamed revenues of $108,000, incurred expenses of $113,000, and paid dividends of $8,000. Which of the following statements is correct? OA When
o Jackson Services, Inceamed revenues of $108,000, incurred expenses of $113,000, and paid dividends of $8,000. Which of the following statements is correct? OA When compared to a business that earned net income, the only closing entry that differs is the one to close dividends, OB. Jackson has incurred a net loss of $3,000 OC. A debit is needed to zero out the balance of the Income Summary account. OD. Retnined Earrings will decrease $13,000 orary
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