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The Entry to Close the Depreciation Expense Account Would Include

Question 58

Multiple Choice

The entry to close the Depreciation Expense account would include a debit to


A) the Income Summary account and a credit to the Depreciation Expense account.
B) the Income Summary and a credit to Cash.
C) Cash and a credit to the Income Summary account.
D) the Depreciation Expense account and a credit to the Income Summary account.

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