Question: 3 1 . The most efficient way to accomplish closing entries is to a . credit the income summary account for each revenue account balance.
The most efficient way to accomplish closing entries is to
a credit the income summary account for each revenue account balance.
b debit the income summary account for each expense account balance.
c credit the dividends balance directly to the income summary account.
d credit the income summary account for total revenues and debit the income summary account for total expenses.
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