Question
The purpose of closing entries is to transfer: Multiple Choice A. Cash to the owners of the company B. Assets and liabilities when operations are
The purpose of closing entries is to transfer:
Multiple Choice
A. Cash to the owners of the company
B. Assets and liabilities when operations are discontinued
C. Balances in temporary accounts to a permanent account
D. Inventory to customers
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Management Accounting For Business
Authors: Colin Drury, Mike Tayles
8th Edition
1473778808, 978-1473778801
