Question
The owner's capital account is closed to the Income Summary account at the end of the accounting period. a temporary account. closed to the owner's
The owner's capital account is
| closed to the Income Summary account at the end of the accounting period. | ||
| a temporary account. | ||
| closed to the owner's drawings account at the end of the accounting period. | ||
| a permanent account. |
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British And German Banking Strategies
Authors: S. Janssen
1st Edition
0230220487, 9780230220485
