Revenues Total $10,200.Expenses Total $7,300.Withdrawals Total $2,600

question 47

Multiple Choice

Revenues total $10,200.Expenses total $7,300.Withdrawals total $2,600.
-What is the balance in the Income summary account prior to closing Net income or loss to the Capital account?

• A) Credit balance of $300
• B) Debit balance of $2,900
• C) Credit balance of $2,900
• D) Balance of $0

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Voting Control

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Timmons Model

A framework for understanding and analyzing the entrepreneurship process, focusing on the opportunity, team, and resources.