The entry to transfer a balance from the Sales account to the Statement of income is known

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The entry to transfer a balance from the Sales account to the Statement of income is known as:
(a) A closing entry
(b) A double-entry
(c) An unnecessary entry
(d) A prime entry

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 26, 2023 07:34 AM

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The entry to transfer a balance from the Sales account to the Statement of income is known

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Financial Accounting An Introduction

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