Social Studies, 21.01.2020 03:31 natalieagustinlop54
The steps in the closing process are
(1) close credit balances in revenue accounts to income summary;
(2) close debit balances in expense accounts to income summary;
(3) close income summary to retained earnings;
(4) close dividends to retained earnings.
Answers: 3
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The steps in the closing process are
(1) close credit balances in revenue accounts to income...
(1) close credit balances in revenue accounts to income...
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