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Author Question: Which of the following account(s) would be involved in closing entries? a. Salaries Payable b. ... (Read 71 times)

Redwolflake15

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on: Jul 6, 2018
Which of the following account(s) would be involved in closing entries?
 a. Salaries Payable
   b. Cash
   c. Rent Expense
   d. All of the answers listed

Question 2

The last step in the accounting cycle is to
 a. prepare a trial balance.
   b. prepare a post-closing trial balance.
   c. complete the work sheet.
   d. journalize and post the adjusting entries.


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apple

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Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

b


Redwolflake15

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  • Posts: 569
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

scottmt

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

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