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Which of the following is true about closing entries of a proprietorship? O A. Only revenues are closed to the income summary account OB. Revenues,
Which of the following is true about closing entries of a proprietorship? O A. Only revenues are closed to the income summary account OB. Revenues, expenses, and owner's drawings account are closed to the income summary account O c. Revenues and expenses are closed to the income summary account OD. Expenses are closed to the expense summary account
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