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Author Question: When the balance in the Income Summary account is a debit, the company has (Read 74 times)

Redwolflake15

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on: Nov 10, 2019
When the balance in the Income Summary account is a debit, the company has
◦ incurred a net income.
◦ incurred a net loss.
◦ had more revenue than expenses.
◦ made an error in their closing entries.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by Redwolflake15 on Nov 10, 2019

milbourne11

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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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Redwolflake15

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Reply 2 on: Nov 10, 2019
Great answer, keep it coming :)

deja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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