This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following accounts should be closed to J. Bean, Capital, in the fourth closing entry? ... (Read 301 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jul 6, 2018
Which of the following accounts should be closed to J. Bean, Capital, in the fourth closing entry?
 a. Professional Fees
   b. J. Bean, Drawing
   c. Wages Expense
   d. Income Summary
   e. Accumulated Depreciation

Question 2

Which financial statement shows the assets, liabilities and stockholders' equity of the firm on a particular date?
 
  a. Statement of stockholders' equity.
   b. Statement of cash flows.
  c. Earnings statement.
  d. Balance sheet.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

c


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jul 6, 2018
Gracias!

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
How the neural plate develops into the neural tube during the third and fourth weeks of human ... How the neural plate develops into the neural tube during the third and fourth weeks of human ...
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
Transport accounts for 14% of greenhouse gas emissions Transport accounts for 14% of greenhouse gas emissions
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library