michael4209a
michael4209a michael4209a
  • 25-10-2021
  • Mathematics
contestada

How do you close a revenue account?

A)

Credit Capital; debit Revenue

B)

Debit Capital; credit Revenue

C)

Debit Income Summary; credit Revenue

D)

Credit Income Summary; debit Revenue

Respuesta :

prasamsharayamajhi
prasamsharayamajhi prasamsharayamajhi
  • 25-10-2021

Answer:

D)

Credit Income Summary; debit Revenue

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