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Questol Teip Martinville, Inc. earned revenues of $11,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $3,000. What is the
Questol Teip Martinville, Inc. earned revenues of $11,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $3,000. What is the balance in the Income Summary account prior to closing net income or loss to the Retained Earnings account? O A. credit balance of $3,500 OB. credit balance of $11,000 O c. debit balance of $3,500 O D. debit balance of $500 Click to select your
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