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

Author Question: Dividends, revenues and expenses are temporary accounts. Indicate whether the statement is true ... (Read 97 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jul 5, 2018
Dividends, revenues and expenses are temporary accounts.
 
  Indicate whether the statement is true or false

Question 2

The ___________________ _ process gives zero balances to the temporary accounts so that they can accumulate information for the next accounting period.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 5, 2018
Answer to Question 1

TRUE

Answer to Question 2

closing


jake

  • Member
  • Posts: 538
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Meiosis Accounts for the Segregation of Alleles p2 Meiosis Accounts for the Segregation of Alleles p2
Meiosis Accounts for Independent Assortment of Alleles p1 Meiosis Accounts for Independent Assortment of Alleles p1
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Example of a patient statement. Example of a patient statement.
Example of Reconciling a Bank Statement Example of Reconciling a Bank Statement
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Video: Chemical Changes

For a complete list of videos, visit our video library