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On Petro Company's Worksheet, the Revenue Account Had a Normal

Question 66

Multiple Choice

On Petro Company's worksheet, the Revenue account had a normal balance of $3,200. The entry to close the account would include a:


A) debit to Cash for $3,200.
B) credit to Income Summary for $3,200.
C) debit to Capital for $3,200.
D) credit to Revenue for $3,200.

Correct Answer:

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