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Given the partial list of accounts below, the entry to close the temporary credit balance...

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Accounting

Given the partial list of accounts below, the entry to close the temporary credit balance accounts would include a:
Account
Debit
Credit
Sales
$20,000
Sales Discounts
$ 500
Cost of Goods Sold
$1,900
Merchandise Inventory
$5,000
Accounts Payable
$ 500
Owner, Capital
$10,000
Multiple choice question.
credit to Income Summary, $30,000.
credit to Income Summary, $19,500.
credit to Income Summary, $30,500.
credit to Income Summary, $20,000.

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