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    Intermediate Accounting Study Set 1
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    Exam 13: Accounting Information Systems and Adjusting Entries: A Comprehensive Guide
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    Which Type of Account Is Always Debited During the Closing
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Which Type of Account Is Always Debited During the Closing

Question 61

Question 61

Multiple Choice

Which type of account is always debited during the closing process?


A) dividends
B) expense
C) revenue
D) retained earnings

Correct Answer:

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