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Author Question: How do you close the expense accounts? (Read 66 times)

NguyenJ

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on: Nov 10, 2019
How do you close the expense accounts?
◦ Debit Income Summary; credit the expense accounts
◦ Debit Capital; credit the expense accounts
◦ Credit Capital; debit the expense accounts
◦ Credit Income Summary; debit the expense accounts
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by NguyenJ on Nov 10, 2019

flannelavenger

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Reply #1 on: Nov 10, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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NguyenJ

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Reply 2 on: Nov 10, 2019
YES! Correct, THANKS for helping me on my review

xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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