pizano2
Sep 30, 2007, 09:26 PM
The entry to close Income Summary for a loss would include:
1. a credit to Income summary
2. a credit to retained earnings
3. a debit to capital stock
4. a debit to Income Summary
1. a credit to Income summary
2. a credit to retained earnings
3. a debit to capital stock
4. a debit to Income Summary