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

Author Question: The most efficient sources for closing entry information are the a. general ledger and general ... (Read 127 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jul 6, 2018
The most efficient sources for closing entry information are the
 a. general ledger and general journal.
   b. general journal and work sheet.
   c. general ledger and work sheet.
   d. work sheet and financial statements.
   e. balance sheet and income statement.

Question 2

Closing entries are prepared
 a. before adjusting entries.
   b. during the month.
   c. on the first day of the new accounting period.
   d. after adjusting entries.
   e. at the option of the company's accounting department.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

d


123654777

  • Member
  • Posts: 585
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Cholesterol Sources Cholesterol Sources
Labeling of black cohosh: (a) front label with general health claim Labeling of black cohosh: (a) front label with general health claim
General Biology Vector Icon General Biology Vector Icon
Laboratory Requisition Information Laboratory Requisition Information
Start the diagnosis by locating the relay center. It is under the hood on this General Motors ... Start the diagnosis by locating the relay center. It is under the hood on this General Motors ...
Sources of hepatitis C infection. Sources of hepatitis C infection.
Video: Introduction to Diabetes

For a complete list of videos, visit our video library