Question
1) True or False. The post closing trial balance may contain revenue and expense accounts. 2) Which of the following entries are usually posted to
1) True or False. The post closing trial balance may contain revenue and expense accounts.
2) Which of the following entries are usually posted to the General Journal in a multiple journal accounting system? Choose two. Normal expense entries. Normal revenue entries. Adjusting entries. Closing entries.
Can you explain the answers.
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Cost Accounting Principles And Applications
Authors: Horace R. Brock, Linda Herrington
6th Edition
0028034287, 978-0028034287
