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    Financial Accounting
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    Exam 4: Completing the Accounting Cycle
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    Which of the Following Accounts Will Be Closed by Crediting
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Which of the Following Accounts Will Be Closed by Crediting

Question 54

Question 54

Multiple Choice

Which of the following accounts will be closed by crediting the Income summary account?


A) Accounts payable
B) Service revenue
C) Depreciation expense
D) Accumulated depreciation

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