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    Financial Accounting Study Set 31
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    Exam 5: Accounting for Merchandising Operations
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    Which of the Following Accounts Is Not Closed to Income
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Which of the Following Accounts Is Not Closed to Income

Question 190

Question 190

Multiple Choice

Which of the following accounts is not closed to Income Summary?


A) Cost of Goods Sold
B) Inventory
C) Sales Revenue
D) Sales Discounts

Correct Answer:

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