Ask Experts Questions for FREE Help !
Ask
    BoiNgoc's Avatar
    BoiNgoc Posts: 2, Reputation: 1
    New Member
     
    #1

    Dec 3, 2012, 08:33 AM
    Entry to close bank account
    One of my company closed down, I need to write a entry to close its bank account, what will be the correct entry?

Check out some similar questions!

Transfer funds from my foreign bank account to my USA bank account [ 1 Answers ]

I am planning to transfer over $12,000 funds from my foreign bank account to my USA bank account. Would IRS tax me for the transfer amount even though it is my life time saving. TARO

The entry to close the appropriate insurance account at the end of the accounting per [ 1 Answers ]

7. The entry to close the appropriate insurance account at the end of the accounting period is (Points: 2) a.debit Income Summary; credit Prepaid Insurance b.debit Prepaid Insurance; credit Income Summary c.debit Insurance Expense; credit Income Summary d.debit...

What is the proper entry to close a tempory account? [ 1 Answers ]

What is the proper entry to close a tempory account?

New bank account entry [ 1 Answers ]

What is the entry to post when setting up a new bank account for the beginning balance?

Bank refusing to close my account [ 2 Answers ]

My bank is refusing to close my checking account until I pay the overdraft fees they excessively charged. I told the rep at the bank that I would make arrangements to pay the money I "owe" them, but that I want to close the account to stop their continued overdraft fees. What can I do?:(


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.