Question: The first step in the closing process is to close the _____________ account(s) into the ___________ account(s). Select one: a. revenue, net income b. income

The first step in the closing process is to close the _____________ account(s) into the ___________ account(s).

Select one:

a. revenue, net income

b. income summary, revenue

c. expense, net income

d. revenue, income summary

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