Answered: Close the $3,790 credit balance of…

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Accounting

Close the $3,790 credit balance of income summary to retained earnings. Date Jul 31 Account Debit Credit

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 4PB: Identify the financial statement on which each of the following account categories would appear: the...

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Close the $3,790 credit balance of income summary to retained earnings.
Date
Jul 31
Account
Debit
Credit

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