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The business failed to close any of the revenue accounts, this error will cause: A) the assets will be overstated. B) the liabilities will be
The business failed to close any of the revenue accounts, this error will cause: A) the assets will be overstated. B) the liabilities will be overstated. C) before closing it, Income Summary will have a debit balance. D) before closing it, Income Summary will have a credit balance. I think it is C
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The Safety Audit Designing Effective Strategies
Authors: Roger Saunders
1st Edition
0273034480, 978-0273034483
