Question: Multiple Select Question Select all that apply At year-end, ABC Company is beginning its closing process. Use the following account balances to demonstrate the closing
Multiple Select Question Select all that apply At year-end, ABC Company is beginning its closing process. Use the following account balances to demonstrate the closing of its revenue accounts. (Check all that apply) Debit Account Service Fees Credit $15.000 $12.000 Consulting Revenue Supplies Expense 3900 5600 Rent Expense Owner, Withdrawals 580 O Debit to Owner. Capital for $27.000 Debit to Consulting Revenue for $12,000 Credit Service Foes for $15,000 Adebit to Income Summary for $27,000 Acredit to Income Summary for $27000 Debit Service Fees for $15.000
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