Question
To close the Depreciation Expense account Income Summary is debited and Owner's Capital is credited. Income Summary is credited and Owner's Capital is debited. Income
To close the Depreciation Expense account
| Income Summary is debited and Owner's Capital is credited. | ||
| Income Summary is credited and Owner's Capital is debited. | ||
| Income Summary is debited and Depreciation Expense is credited. | ||
| Income Summary is credited and Depreciation Expense is debited. |
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Benfords Law
Authors: Mark J. Nigrini
1st Edition
1118152859, 9781118152850
