Which of the following accounts needs no closing entries? a. Capital b. Supplies Expense c. Fees Owed

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Which of the following accounts needs no closing entries?

a. Capital

b. Supplies Expense

c. Fees Owed

d. All of the above

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Glencoe Accounting First Year Course

ISBN: 9780078688294

1st Edition

Authors: Andrée Vary

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Question Posted: Jun 10, 2022 12:14 AM

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Which of the following accounts needs no closing entries? a. Capital b. Supplies Expense c. Fees Owed

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Income summary and withdrawals accounts are temporary accounts and don...View the full answer

Glencoe Accounting First Year Course

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