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  3. the closing process means the following: a. all re

The closing process means the following: A. All revenue accounts are debited and expense accounts...

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Accounting

The closing process means the following:

A. All revenue accounts are debited and expense accounts are credited.

B. All revenue accounts are credited and expense accounts are debited.

C. All income statement accounts are debited to income summary.

D. All income statement accounts are credited to income summary.

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