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Given the partial list of accounts below, the entry to close the temporary debit balance accounts would include a: Account Debit Credit Sales $20,000 Sales Returns and Allowances $1000 Sales Discounts $ 500 Cost of Goods Sold $1,900 Wages Expense $ 300 Merchandise Inventory $5,000 Supplies $ 700 Multiple choice question. debit to Income Summary, $8,700. debit to Income Summary, $3,700. debit to Income Summary, $2,200. debit to Income Summary, $9,400.
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