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5 October, 22:07

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

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Answers (1)
  1. 6 October, 01:08
    0
    e. equity account. this is the best out of all
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