The entry to close the owners drawing account would include a debit to the : a. owners

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The entry to close the owners drawing account would include a debit to the :

a. owners capital account qnd a credit to owners drawing account.

b. onwers drawing account and a credit to cash.

c. income summary account and a credit to the owner drawing account.

d. owners drawing account and a credit to the income summary account.

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Posted Date: Sep 18, 2020 09:45 AM

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The entry to close the owners drawing account would include a debit to the : a. owners

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Fundamental Managerial Accounting Concepts

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