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Question 28 0/1 pts Parker Co. has the following transactions: Revenue of $75,000 Rent Expense of $12,000 Prepaid Insurance purchased for $24,000 for 1 year.

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Question 28 0/1 pts Parker Co. has the following transactions: Revenue of $75,000 Rent Expense of $12,000 Prepaid Insurance purchased for $24,000 for 1 year. One month has passed since the insurance was bought. Salaries and Wage Expense $18,000 What is the total debit amount to the income summary account when these accounts are closed

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