Give the sequence in which the following journal entries are posted to the accounts. 1. Adjusting entries 2. Entries to
Question:
Give the sequence in which the following journal entries are posted to the accounts.
1. Adjusting entries
2. Entries to close expense accounts
3. Entries to close revenue accounts
4. Reversing entries
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Step by Step Answer:
a Adjusting entries c …View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 9781265647308
6th Edition
Authors: M. David Haddock, John Price, Michael Farina
Question Details
Chapter #
13- Financial Statements and Closing Procedures
Section: Comprehensive Self Review
Problem: 7
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Question Posted: September 28, 2023 02:37:06