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-   -   Closing journal entries (https://www.askmehelpdesk.com/showthread.php?t=414816)

  • Nov 10, 2009, 05:33 PM
    danerjnbaptiste
    Closing journal entries
    Need some clarification on journalised closing entries. Maybe a sample or a format or a website would be great . I need to no what entries go into this journal e.g.. Return inwards and outwards etc...
  • Nov 10, 2009, 07:27 PM
    haider78605

    You can find this in any book of accounting, both carriage inwards and outwards are expenses so they must be credited to close them.
  • Nov 12, 2009, 05:48 AM
    morgaine300

    There is a sample of closing here:
    Principles of Accounting Chapter 4

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