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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: