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The income statement for the year 2020 of Bugati Co. contains the following information: , 22 The entry to close the expense accounts includes a

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The income statement for the year 2020 of Bugati Co. contains the following information: , 22 The entry to close the expense accounts includes a 1) debit to Income Summary for $6,500. 2) credit to Income Summary for $6,500. 3) debit to Income Summary for $79,500. 4) debit to Utilities Expense for $3,500

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