Question:When a net loss has occurred, Income Summary is: 

A debited and Owner's Capital is credited. 
B credited and Owner's Capital is debited. 
C debited and Owner's Drawing is credited. 
D credited and Owner's Drawing is debited. 

+ Answer
B 

+ Report

Mohammad Towhidul Islam

Editor, VCampus

Your Name

Your Email

Type of Report
Spelling MistakeIncorrect AnswerGrammar MistakeContent MissingImproper Text FormatInsufficient AnswerDuplicate QuestionImproper Sentence StructureImproper Equation/FormulaOther

Description