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    Financial Accounting Study Set 11
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    Exam 3: Accrual Accounting Income
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    Revenues and Expenses Are Closed To
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Revenues and Expenses Are Closed To

Question 214

Question 214

Multiple Choice

Revenues and expenses are closed to:


A) Cash.
B) Net Income.
C) Dividends.
D) Retained Earnings.

Correct Answer:

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