ACCT-151-V08 - Principles of Fin ACCT II TOPIC: Are closing entries necessary? Respond to this question in a professional manner. Submit your memo to Dropbox by Sunday, 3/21/21 at 11:30pm. You should use a professional business memo format addressed to an appropriate audience. Grammar, spelling and word choice will be important to receive full credit. This will require some research on the internet. The use of sources of information should be correctly referred to and should reference professional resources. The formatting of citations is not important but the citations should be in text as well as in a separate bibliography