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Author Question: Closing the revenue, expense, and dividend accounts: (Read 70 times)

asmith134

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on: Feb 18, 2020
Closing the revenue, expense, and dividend accounts:
◦ yields the change in Retained Earnings for the period.
◦ yields the change in the permanent accounts for the period.
◦ yields the final balance in Stockholders' Equity for the period.
◦ yields the amount of net income or net loss for the period.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by asmith134 on Feb 18, 2020

asdfasdf

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Reply #1 on: Feb 18, 2020
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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asmith134

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

okolip

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Reply 3 on: Yesterday
Wow, this really help

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