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I need help on closing entries, when I go to close out the income summary account there remains a balance left, which means it is
I need help on closing entries, when I go to close out the income summary account there remains a balance left, which means it is incorrect. I'd like to know what I'm doing wrong.
GENERAL JOURNAL Page o (Journalize the required closing entries for all temporary accounts and make postings to ledgers) Post Date Description Ref Debit Credit 2016 CLOSING Sapplesfaponse Miscellaneous Expense SY 2,295 May 31 TnCave Summ 17 33 52,090 Kaley PHney, Capita Mal si t(ulay fitney, Draing 32 10,SOD 3 10SP Income Surnrror Step by Step Solution
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