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QUESTION 4 Alpha Express, Capital account has a credit balance of $21.000 before closing entries are made. If total Income Summary was 48 800 credit

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QUESTION 4 Alpha Express, Capital account has a credit balance of $21.000 before closing entries are made. If total Income Summary was 48 800 credit balance and withdrawals were $5,000. The ending balance in the Alpha Express, Capital account after all closing entries are made will have $64,800 credit balance. O True O False

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