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On Flex Company's Worksheet,the Revenue Account Had a Normal Balance

Question 120

Multiple Choice

On Flex Company's worksheet,the revenue account had a normal balance of $3,200.The entry to close the account would include a:


A) debit to Cash for $3,200.
B) credit to Income Summary for $3,200.
C) debit to Capital for $3,200.
D) credit to Revenue for $3,200.

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