Question: In preparing closing entries: Select one: a. each expense account will be credited. O b.each revenue account will be credited. c. the owner's capital account

In preparing closing entries: Select one: a. each expense account will

In preparing closing entries: Select one: a. each expense account will be credited. O b.each revenue account will be credited. c. the owner's capital account will be debited if there is net income for the period. O d. the owner's drawings account will be debited

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