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

Author Question: Income Summary, before closing to Capital, contains a debit balance of $86 and a credit balance of ... (Read 75 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
on: Nov 11, 2019
Income Summary, before closing to Capital, contains a debit balance of $86 and a credit balance of $100. What is the entry to close Income Summary to Capital?
◦ Debit Capital $14; credit Income Summary $14
◦ Debit Income Summary $14; credit Capital $14
◦ Debit Income Summary $86; credit Capital $86
◦ Debit Income Summary $100; credit Capital $100
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobthebuilder on Nov 11, 2019

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
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.
Answer Preview
Only 56% of students answer this correctly


bobthebuilder

  • Member
  • Posts: 567
Reply 2 on: Nov 11, 2019
Thanks for the timely response, appreciate it

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Salt and water balance in water-breathers. Salt and water balance in water-breathers.
Summary of events in the killing of virus-infected cells by cytotoxic T cells. Summary of events in the killing of virus-infected cells by cytotoxic T cells.
drosophila toll pathway summary drosophila toll pathway summary
Summary of Cytokine Activity Summary of Cytokine Activity
Summary of Drug Action: Common Routes of Administration Summary of Drug Action: Common Routes of Administration
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
Video: Bipolar Disorder

For a complete list of videos, visit our video library