Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry?
A.
income account
B.
income summary account
C.
revenue account
D.
purchase account
E.
equity account


Sagot :

Answer: Income Account

Explanation:

Also referred and Income Statement.

Answer:

Income summary account

Explanation: