Thibodeau company has the following merchandise account
Thibodeau Company has the following merchandise account balances: Sales Revenue $195,000, Sales Discounts $2,000, Cost of Goods Sold $117,000, and Inventory $40,000. Prepare the entries to record the closing of these items to Income Summary.
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thibodeau company has the following merchandise account balances sales revenue 195000 sales discounts 2000 cost of
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