The balance of the income summary account of a corporation is transferred to which of the following accounts? Capital Stock Cash Premium on Sale of Capital Stock Retained Earnings
The balance of the income summary account of a corporation is transferred to which of the following accounts? Capital Stock Cash Premium on Sale of Capital Stock Retained Earnings
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter11: Accounting For Transactions Using A General Journal
Section11.3: Accounting For The Declaration And Payment Of A Dividend
Problem 3AYU
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