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    Accounting Study Set 1
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    Exam 5: Merchandising Operations
  5. Question
    The Entry to Close Sales Discounts Forfeited Will Include a Debit
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The Entry to Close Sales Discounts Forfeited Will Include a Debit

Question 27

Question 27

True/False

The entry to close Sales Discounts Forfeited will include a debit to Income Summary.

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