Question: Select the statement below that explains how to use the Income Summary account.The income Summary account is used during the closing process to facilate the
Select the statement below that explains how to use the Income Summary account.The income Summary account is used during the closing process to facilate the closing of al permanent accounts.The income Summery account is credied curng the adjusting process, as its a contra asset sccount,The income 5ummary eccount is debled for the sum of al revenue accounts furny the closing process.
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