From the following list identify the accounts that should, Financial Accounting

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From the following list identify the accounts that should

From the following list, identify the accounts that should be closed to Income Summary at the end of the fiscal year under a perpetual inventory system: (a) Accounts Payable, (b) Advertising Expense, (c) Cost of Merchandise Sold, (d) Dividends, (e) Merchandise Inventory, (f) Sales, (g) Supplies, (h) Supplies Expense, (i) Wages Payable.

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Financial Accounting: From the following list identify the accounts that should

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