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which of the following entries will be necessary to close the insurance expense account at...

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Accounting

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which of the following entries will be necessary to close the insurance expense account at the end of the year?

Which of the following entries will be necessary to cose the Insurance Expense account at the end of the year? O A. debit Income Summary and credit Insurance Expense O B. debit Insurance Expense and credit Income Summary O C. debit Insurance Expense and credit Owner, Capital OD. debit Owner, Withdrawals and credit Insurance Expense Cick to select your answer O Type here to search

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