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-   -   Closing Entries (https://www.askmehelpdesk.com/showthread.php?t=281191)

  • Nov 15, 2008, 09:40 AM
    Staci0115
    1 Attachment(s)
    Closing Entries
    Please see attached question!
  • Nov 15, 2008, 04:30 PM
    pready

    Your temporary Accounts will be closed to the Income Summary Account.

    Next Your Income Summary Account is closed to your reatined Earnings Account.

    Your Temporary Accounts are your Revenue and Expense Accounts as well as any drawing accounts.
  • Nov 15, 2008, 09:31 PM
    accounting19234

    You have to close all revenue, expense and dividents

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