Multiple Choice
The closing entry for an expense account would consist of a:
A) Debit to Income Summary and a credit to the expense account.
B) Debit to the expense account and a credit to Income Summary.
C) Credit to Retained Earnings and a debit to the expense account.
D) Credit to Revenue and a debit to the expense account.
Correct Answer:

Verified
Correct Answer:
Verified
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