After the closing process is complete, no balance can exist in any revenue, expense, Dividends, or Income
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After the closing process is complete, no balance can exist in any revenue, expense, Dividends, or Income Summary account.
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Financial Accounting A Business Perspective
ISBN: 9781930789791
10th Edition
Authors: Jefferson Williams, Roger Hermanson, James Don Edwards
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