Business
Business, 13.03.2020 22:43, ssalusso7914

In preparing closing entries
a. each revenue account will be credited.
b. each expense account will be credited.
c. the owner's capital account will be debited if there is the net income for the period.
d. the owner's drawings account will be debited.

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Answers: 2

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In preparing closing entries
a. each revenue account will be credited.
b. each expense...

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