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Business, 10.03.2020 04:24 ElegantEmerald

Income Summary has a debit balance of $17,000 after closing revenues and expenses. The entry to close Income Summary is A. debit Dividends $17,000. B. credit Income Summary $17,000. C. credit Retained Earnings $17,000. D. credit Dividends $17,000.

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Income Summary has a debit balance of $17,000 after closing revenues and expenses. The entry to clos...
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