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Which of the following is true about closing the books of a corporation? O Revenues, expenses, and the dividends declared account are closed to the

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Which of the following is true about closing the books of a corporation? O Revenues, expenses, and the dividends declared account are closed to the Income Summary account O Expenses are closed to the Expense Summary account. 0 Only revenues are closed to the Income Summary account. Revenues and expenses are closed to the Income Summary account

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