Question
Question Content Area Which of the following accounts has a credit balance and is closed into Income Summary in the closing entries of a merchandising
Question Content Area
Which of the following accounts has a credit balance and is closed into Income Summary in the closing entries of a merchandising business?
a.Sales
b.Depreciation Expense, Building
c.Freight in
d.Capital
e.Drawings
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Managerial Accounting
Authors: John Wild
1st Edition
0073403989, 978-0073403984
