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    Staci0115's Avatar
    Staci0115 Posts: 12, Reputation: 1
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    #1

    Nov 15, 2008, 09:40 AM
    Closing Entries
    Please see attached question!
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    2. pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Nov 15, 2008, 04:30 PM

    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.
    accounting19234's Avatar
    accounting19234 Posts: 3, Reputation: 1
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    #3

    Nov 15, 2008, 09:31 PM

    You have to close all revenue, expense and dividents
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