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    College Accounting Study Set 2
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    Exam 19: Corporations: Stock Values, Dividends, Treasury Stocks,
  5. Question
    At the End of the Accounting Cycle, Net Income Will
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At the End of the Accounting Cycle, Net Income Will

Question 96

Question 96

Multiple Choice

At the end of the accounting cycle, net income will be closed into:


A) Treasury Stock.
B) Paid-in Capital.
C) Cash.
D) Retained Earnings.

Correct Answer:

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