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Business, 18.03.2021 23:30 keke6361

High Step Shoes had annual revenues of $188,000, expenses of $105,200, and dividends of $19,200 during the current year. The retained earnings account before closing had a balance of $300,000. The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is:

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High Step Shoes had annual revenues of $188,000, expenses of $105,200, and dividends of $19,200 duri...
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