Business, 29.01.2020 03:53, alexandradumit3086

After posting the entries to close all revenue and expense accounts, marker company's income summary account has a credit balance of $6,800, and its marker, withdrawals account has a debit balance of $2,900. these balances indicate that net income for the current accounting period amounted to $3,900.

a. true
b. false

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After posting the entries to close all revenue and expense accounts, marker company's income summary...