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To close out an expense or loss account ________. Question content area bottom Part 1 A. credit the income summary and debit revenue and expense

To close out an expense or loss account ________. Question content area bottom Part 1 A. credit the income summary and debit revenue and expense accounts B. credit the income summary and debit expense and loss accounts C. debit the income summary and credit revenue and expense accounts D. debit the income summary and credit expense and loss accounts

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