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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 4: Completing the Accounting Cycle
  5. Question
    Which of the Following Accounts Will Be Closed by Debiting
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Which of the Following Accounts Will Be Closed by Debiting

Question 2

Question 2

Multiple Choice

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


A) Salary expense
B) Accounts receivable
C) Service revenue
D) Drawings

Correct Answer:

verifed

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