Question: Select all that apply Identify the correct steps to the closing process: (Check all that apply.) Multiple select question. Transfer the balance of the Income
Select all that apply Identify the correct steps to the closing process: (Check all that apply.) Multiple select question. Transfer the balance of the Income Summary account to the owner's capital account Transfer the expense account balances to the Income Summary account Transfer the balance of the revenue account to the Income Summary account Transfer the balance of the drawing account to the Income Summary account
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