Which of the following accounts will be closed by debiting the Income Summary account?
A) Owner, Capital
B) Service Revenue
C) Accounts Receivable
D) Salaries Expense

Name: Which of the following accounts will be closed by debiting the Income Summary account? A) Owner, Capital B) Service Revenue C) Accounts Receivable D) Salaries Expense
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Question

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Salaries Expense is a temporary account that is closed to the Income Summary account at the end of the accounting period.

Which of the Following Accounts Will Be Closed by Debiting