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Author Question: The fourth step in the closing procedure is to close the Income Summary account into the Capital ... (Read 33 times)

hubes95

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on: Jul 6, 2018
The fourth step in the closing procedure is to close the Income Summary account into the Capital account.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

The direct method of proof is always preferable to the indirect method because it
 
  A) provides a lesser level of uncertainty.
  B) is generally more dissuasive.
  C) is easier to refute.
  D) uses more circumstantial evidence.


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josephsuarez

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Reply #1 on: Jul 6, 2018
Answer to Question 1

False

Answer to Question 2

A
Explanation: A) The direct method of proof is always preferable to the indirect method because it provides a lesser level of uncertainty.


hubes95

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Excellent

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