The Income Summary T account has been opened for you. Post to it all entries...

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Accounting

The Income Summary T account has been opened for you. Post to it all entries from the closing journal entries provided that affect it.
View the closing.journal entries.
Is Income Summary a temporary or permanent account?
Income Summary 314
Is Income Summary a temporary or permanent account?
Income Summary is a
carried over from one accounting period to another.
Closing Journal Entries
image

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