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How do you close accounts? 3 c is Question: 1 pt The accounts of Red River Services, Inc, at January 31, 2014, are listed in
How do you close accounts? 3 c is Question: 1 pt The accounts of Red River Services, Inc, at January 31, 2014, are listed in alphabetical order (ack the icon to view the accounts.) 1. All adjustments have been jounalized and posted, but the closing entries have not yet been made. Journalize Red River's closin 2. AT-account for Retained Earnings has been set up. Post to that account Then compute Red River Services' net income for the y 3. Did Retained Eamings increase or decrease during the year? What caused the increase or the decrease? Requirement 1. All adjustments have been journalized and posted, but the closing entries have not yet been made. Joumalize Red Rive Record the dosing entries for Red River at January 31, 2014. Begin by closing the revenue account Journal Entry Date Accounts Debit Credit (1) Jan31 Ned, dose the expense accounts Coose on any 1st or ontar any nurier inthe hput folds and then continue to the next queston 3 c is Question: 1 pt The accounts of Red River Services, Inc, at January 31, 2014, are listed in alphabetical order (ack the icon to view the accounts.) 1. All adjustments have been jounalized and posted, but the closing entries have not yet been made. Journalize Red River's closin 2. AT-account for Retained Earnings has been set up. Post to that account Then compute Red River Services' net income for the y 3. Did Retained Eamings increase or decrease during the year? What caused the increase or the decrease? Requirement 1. All adjustments have been journalized and posted, but the closing entries have not yet been made. Joumalize Red Rive Record the dosing entries for Red River at January 31, 2014. Begin by closing the revenue account Journal Entry Date Accounts Debit Credit (1) Jan31 Ned, dose the expense accounts Coose on any 1st or ontar any nurier inthe hput folds and then continue to the next queston
How do you close accounts?
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