Question
In preparing closing entries A) the owner's capital account will be debited if there is net income for the period. B) each revenue account will
In preparing closing entries
A) the owner's capital account will be debited if there is net income for the period.
B) each revenue account will be credited.
C) The owner's drawings account will be debited.
D) each expense account will be credited.
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
