QUESTION

24) In preparing closing entries, A. each revenue account will be credited B. each expense account will be credited

Category: Business
Subject: Accounting
Due Date: 01/27/2016
Question Asked: 2016-01-27 17:59:04

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24) In preparing closing entries,

 A. each revenue account will be credited 

B. each expense account will be credited 

C. the retained earnings account will be debited if there is net income for the period 

D. the dividends account will be debited

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24) In preparing closing entries, A. each revenue account will be credited B. each expense account will be credited

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Posted on 2016-01-27 17:59:04

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.... each expense account will be credited C. the r...

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