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Author Question: When the balance in the Income Summary account is a credit, the company has (Read 26 times)

karateprodigy

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on: Nov 10, 2019
When the balance in the Income Summary account is a credit, the company has
◦ incurred a net loss.
◦ incurred a net income.
◦ made an error in their closing entries.
◦ had more expenses than revenue.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by karateprodigy on Nov 10, 2019

6ana001

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Reply #1 on: Nov 10, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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karateprodigy

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Reply 2 on: Nov 10, 2019
Excellent

raenoj

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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