Multiple choice: 1. Which of the following accounts are closed to the owner's capital account? A. Revenues and expenses B. The owner's withdrawals account and expenses C. Income summary and the owner's withdrawals account D. Revenues, expenses and owner's withdrawals account

Multiple choice: 1. Which of the following accounts are closed to the owner's capital account? A. Revenues and expenses B. The owner's withdrawals account and expenses C. Income summary and the owner's withdrawals account D. Revenues, expenses and owner's withdrawals account

Name: Multiple choice:1. Which of the following accounts are closed to the
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Description: Multiple choice:1. Which of the following accounts are closed to the owner's capital account?A. Revenues and expensesB. The owner's withdrawals account and expensesC. Income summary and the owner's withdrawals accountD. Revenues, expenses and owner'

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter5: Managing Checking And Savings Accounts

Section: Chapter Questions

Problem 3LTAI

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