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  3. Study Set
    College Accounting Study Set 2
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    Exam 11: Preparing a Worksheet for a Merchandise Company
  5. Question
    The Income Summary Amounts in the Income Statement Columns of the Worksheet
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The Income Summary Amounts in the Income Statement Columns of the Worksheet

Question 106

Question 106

Multiple Choice

The income summary amounts in the income statement columns of the worksheet represent:


A) income for the period.
B) adjustment for unearned revenue.
C) closing of the Capital account.
D) beginning and ending inventory.

Correct Answer:

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