Question: Summarize the steps in the closing process by selecting the correct choice below. O Close income statement credit balance accounts; close income statement debit balance

Summarize the steps in the closing process by selecting the correct choice below. O Close income statement credit balance accounts; close income statement debit balance accour O Close income statement credit balance accounts; close income summary; close income stateme O Close income statement debit balance accounts; close income statement credit balance accoun O Close income statement credit balance accounts; close income summary; close dividends; close

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