Register

The correct order for closing accounts is __________. a. revenue, expenses, income summary, withdrawals b. revenue, income summary, expenses, withdrawals c. revenue, expenses, c…

The correct order for closing accounts is __________. a. revenue, expenses, income summary, withdrawals b. revenue, income summary, expenses, withdrawals c. revenue, expenses, c…
31.6k views
2 votes
The correct order for closing accounts is __________.

a. revenue, expenses, income summary, withdrawals
b. revenue, income summary, expenses, withdrawals
c. revenue, expenses, capital, withdrawals
d. revenue, capital, expenses, withdrawals

User Nicholas Trandem
by
8.1k points

1 Answer

6 votes
If my memory serves me well, the correct order for closing accounts is a. revenue, expenses, income summary, withdrawals.
User Bgaze
by
7.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What can turn igneous rock into sediment?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!