Accounting basics about closing process in accounting cycle

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Reference no: EM1313481

The question is on accounting basics about closing process in accounting cycle.

Indicate which of the following accounts will be closed to Income Summary at year-end.

(a) Cash
(b) Office Supplies Expense
(c) Unexpired Insurance
(d) Unearned Revenue
(e) Dividends
(f) Depreciation Expense
(g) Income Taxes Payable
(h) Accumulated Depreciation

Reference no: EM1313481

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