Closing entries for a corporation are made from information in a work sheets a. Trial Balance columns.
Question:
Closing entries for a corporation are made from information in a work sheet’s
a. Trial Balance columns.
b. Adjustments columns.
c. Income Statement columns.
d. Balance Sheet columns.
e. none of these answers
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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