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Author Question: The goal of closing entries is (Read 19 times)

schs14

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on: Nov 11, 2019
The goal of closing entries is
◦ to update the Capital account balance.
◦ to clear the Withdrawal account.
◦ to clear revenue and expense accounts.
◦ All of these answers are correct.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by schs14 on Nov 11, 2019

frejo

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Reply #1 on: Nov 11, 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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schs14

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

lkanara2

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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