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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 5: The Accounting Cycle Completed: Closing and Post-Closing Trial Balance
  5. Question
    How Do You Close a Revenue Account
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How Do You Close a Revenue Account

Question 126

Question 126

Multiple Choice

How do you close a revenue account?


A) Debit Capital; credit Revenue
B) Credit Capital; debit Revenue
C) Credit Income Summary; debit Revenue
D) Debit Income Summary; credit Revenue

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