Question
The journal entry to close a $3,000 loss in the income summary account would be A Net loss 3,000 Income summary 3,000 B Income summary
The journal entry to close a $3,000 loss in the income summary account would be
A Net loss 3,000 Income summary 3,000
B Income summary 3,000 Expenses 3,000
C Income summary 3,000 Retained Earnings-equity 3,000
D Retained Earnings-equity 3,000 Income summary 3,000
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Cost Estimating
Authors: Rodney D. Stewart
2nd Edition
0471857076, 978-0471857075
