high step shoes had annual revenues of $188,000, expenses of $105,200, and dividends of $19,200 during the current year. the retained earnings account before closing had a balance of $300,000. the entry to close the income summary account at the end of the year, after revenue and expense accounts have been closed, is:

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07-10-2022
Business

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high step shoes had annual revenues of $188,000, expenses of $105,200, and dividends of $19,200 during the current year. the retained earnings account before closing had a balance of $300,000. the entry to close the income summary account at the end of the year, after revenue and expense accounts have been closed, is:

Sagot :

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