Business
Business, 11.07.2019 11:00, laceybudd9472

Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during the current year. the retained earnings account before closing had a balance of $313,000. the entry to close the income summary account at the end of the year, after revenue and expense accounts have been closed, is:

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Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during...

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