Question: Which of the following is not a closing entry? Date OA. OB. O C. O D. Accounts and Explanation Retained Earnings Dividends Income Summary

Which of the following is not a closing entry? Date OA. OB. O C. O D. Accounts and Explanation Retained Earnings Dividends Income Summary Rent Expense Salaries Payable Income Summary Service Revenue Income Summary Debit XXX XXX XXX XXX Credit XXX XXX XXX XXX

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Option C is the answer When a company debits the capital account and credits the drawings it i... View full answer

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