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Business, 30.03.2020 22:09 drealtania21

Martinville, Inc. earned revenues of $ 17,000 and incurred expenses of $ 7,000. The company declared and paid cash dividends of $ 2,500. What is the balance in the Income Summary account prior to closing net income or loss to the Retained Earnings account?

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Martinville, Inc. earned revenues of $ 17,000 and incurred expenses of $ 7,000. The company declared...
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