PDA

View Full Version : Which accounts would be closed with a debit


lsousa80
Dec 18, 2012, 04:59 PM
Which of the following accounts would be closed with a debit?

a. Sales discounts
b. Sales returns and allowances
c. cost of goods sold
d. operating expenses
e. all of the above

lsousa80
Dec 18, 2012, 05:00 PM
Which of the following accounts would be closed with a debit?

a. Sales discounts
b. Sales returns and allowances
c. cost of goods sold
d. operating expenses
e. all of the above