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Author Question: Dividends, revenues and expenses are temporary accounts. Indicate whether the statement is true ... (Read 81 times)

jake

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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



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asware1

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Answer to Question 1

TRUE

Answer to Question 2

closing




jake

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Reply 2 on: Jul 5, 2018
Wow, this really help


Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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