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    Financial and Managerial Accounting Study Set 8
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    Exam 5: The Accounting Cycle: Reporting Financial Results
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    Which of the Following Accounts Will Be Closed to Income
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Which of the Following Accounts Will Be Closed to Income

Question 18

Question 18

Multiple Choice

Which of the following accounts will be closed to Income Summary?


A) Prepaid Expenses.
B) Unearned Revenue.
C) Dividends.
D) Depreciation Expense.

Correct Answer:

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