Question: When there are two closing entries, the first one is to close revenues and expenses to _________, and the second one is to close _________

When there are two closing entries, the first one is to close revenues and expenses to _________, and the second one is to close _________ to Owner's Capital. a. Owner's Capital; Owner's Drawing b. Cash; Owner's Drawing c. Owner's Drawing; Owner's Capital d. none of these choices

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