he entry to close the revenue accounts includes: Select one: a. a debit to Retained Earnings and
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Question:
he entry to close the revenue accounts includes:
Select one:
a. a debit to Retained Earnings and credits to the respective revenue accounts.
b. debits to the respective revenue accounts and a credit to Retained Earnings.
c. a debit to Dividends and credits to the respective revenue accounts.
d. debits to the respective revenue accounts and a credit to Dividends.
Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
Posted Date: