What is the income summary account for? What is another name for the income summary account? What
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What is the income summary account for? What is another name for the income summary account? What happens to the revenue and expense accounts after the closing process? Why do we close the draw account and what is the overall effect on the capital account after the close? Is the income summary account closed and what account is it closed to
Related Book For
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
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