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    College Accounting Study Set 2
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    Exam 5: The Accounting Cycle Completed
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    Which of the Following Accounts Should NOT Be Closed to Income
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Which of the Following Accounts Should NOT Be Closed to Income

Question 32

Question 32

Multiple Choice

Which of the following accounts should NOT be closed to Income Summary at the end of the fiscal year?


A) Salaries Expense
B) Fees Earned
C) Utilities Expense
D) Withdrawals

Correct Answer:

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