Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. closing entries are 1 a.made to close permanent or

Closing entries are 1 a.made to close permanent or real accounts.b.journalized in the...

80.2K

Verified Solution

Question

Accounting

Closing entries are 1 a.made to close permanent or real accounts.b.journalized in the general journal.c.made to transfer temporary accounts to the next accounting period.d.an optional step in the accounting cycle.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

nd dentify the sampling techniques used and discuss potential sources of bias Questioning students as...

Statistics
Q

Coping that are stable characteristics of a person is known as coping strategies True O...

Biology
Q

13 Prove these quadrilateral are parallelograms using the following formulas 2 x x x 325...

Geometry
Q

WoodCom manufactures 4 types of wooden products Each type of product requires rocessing times for...

Basic Math
Q

No smoking The General Social Survey conducted a poll of 653 adults in which the...

Statistics
Q

Ketch the graph described by the following cylindrical coordinates in three dimensional space 1 7...

Calculus
Q

Distinguish between an auditor's responsibility to detect and report errors, illegal acts, and fraud. What...

Accounting
Q

Every time you download a file from a Web site or attach files to e-mail,...

Accounting
Q

Balance Sheet after Business Acquisition Wilson Corporation acquires Greatbatch Company for $60 million cash in...

Accounting
Q

This problem has two parts: part a and part b. Answer each part separately using...

Accounting
Q

Los auditores deben considerar la posibilidad de fraude por parte de los empleados o la...

Accounting
Q

21) Una empresa tiene que deshacerse de los productos de desecho biopeligrosos. Tirarlos en el...

Accounting