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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 13: Completion of the Accounting Cycle for a Merchandising Company
  5. Question
    When Closing Sales, Which of the Following Accounts Will Also
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When Closing Sales, Which of the Following Accounts Will Also

Question 36

Question 36

Multiple Choice

When closing sales, which of the following accounts will also be closed?


A) Sales Returns and Allowances
B) Rental Income
C) Sales Discounts
D) Owner's Capital

Correct Answer:

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