Multiple Choice
J.Oros showed a net loss of $3,500.The entry to close the Income Summary account would include a:
A) debit to Oros,Capital,$3,500.
B) debit to Income Summary ,$3,500.
C) credit to Oros,Capital,$3,500.
D) credit to Cash,$3,500.
Correct Answer:
Verified
Correct Answer:
Verified
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