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Which of the following entries properly closes a temporary account? Select one: a. Debit Credit Expense XX Income Summary XX b. Debit Credit Income Summary
Which of the following entries properly closes a temporary account? Select one: a. Debit Credit Expense XX Income Summary XX b. Debit Credit Income Summary XX Revenue XX c. Debit Credit Accumulated Depreciation XX Income Summary XX d. Debit Credit Retained Earnings XX Dividends XX e. Debit Credit Income Summary XX Cash XX
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