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  3. Study Set
    College Accounting Study Set 2
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    Exam 5: The Accounting Cycle Completed
  5. Question
    Which of the Following Accounts Will Be Closed Directly to Capital
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Which of the Following Accounts Will Be Closed Directly to Capital

Question 2

Question 2

Multiple Choice

Which of the following accounts will be closed directly to Capital at the end of the fiscal year?


A) Salaries Expense
B) Fees Revenue
C) Withdrawals
D) Accumulated Depreciation

Correct Answer:

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