Question: An error has occurred in the closing entry process if Question 12 options: A) the owner's drawings account is closed to the owner's capital account.

An error has occurred in the closing entry process if

Question 12 options:

A)

the owner's drawings account is closed to the owner's capital account.

B)

the balance sheet accounts have zero balances.

C)

the owner's capital account is credited for the amount of net income.

D)

revenue and expense accounts have zero balances.

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