Arquivo da categoria: Bookkeeping

5 1 Describe and Prepare Closing Entries for a Business Principles of Accounting, Volume 1: Financial Accounting

Publicado em 03/12/2020 por admin

The post-closing T-accounts will be transferred to the post-closing trial balance, which is step 9 in the accounting cycle. Closing entries are posted in the general ledger by transferring all revenue and expense account balances to the income summary account. … Continue lendo →

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