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The Balance in the J

Question 21

Multiple Choice

The balance in the J.Higgins,Withdrawals account was $4,200.The entry to close the account would include a:


A) debit to Income Summary,$4,200.
B) credit to Income Summary,$4,200.
C) debit to J.Higgins,Capital,$4,200.
D) debit to J.Higgins,Withdrawals,$4,200.

Correct Answer:

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