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To which of the following accounts should the balance in the Income Summary account be closed? A. Owner, Withdrawals B. Owner, Capital C. Net Income
To which of the following accounts should the balance in the Income Summary account be closed?
| A. | Owner, Withdrawals |
| B. | Owner, Capital |
| C. | Net Income |
| D. | Service Revenue |
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Accounting Chapters 1-13
Authors: Carl Warren
27th Edition
1337272108, 978-1337272100
