Business, 22.08.2020 18:01 JohnStewart714

After posting the entries to close all revenue and expense accounts, the Income Summary account of Cleaver Auto Services has a $5,700 debit balance. This result implies that Cleaver earned a net income of $5,700. a) true
b) false

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After posting the entries to close all revenue and expense accounts, the Income Summary account of C...