subject
Business, 06.07.2019 07:30 palmsalt05

An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. which account should she debit to complete the dual aspect of the journal entry? a. income account b. income summary account c. revenue account d. purchase account e. equity account

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:40
Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at
Answers: 3
question
Business, 21.06.2019 19:40
Your mother's well-diversified portfolio has an expected return of 12.0% and a beta of 1.20. she is in the process of buying 100 shares of safety corp. at $10 a share and adding it to her portfolio. safety has an expected return of 15.0% and a beta of 2.00. the total value of your current portfolio is $9,000. what will the expected return and beta on the portfolio be after the purchase of the safety stock?
Answers: 3
question
Business, 22.06.2019 02:00
Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations
Answers: 2
question
Business, 22.06.2019 13:30
Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?
Answers: 2
You know the right answer?
An accountant passed the closing entries of the expenses and then closed all the expense accounts by...
Questions
question
Mathematics, 07.03.2021 08:10
question
Mathematics, 07.03.2021 08:10
question
Mathematics, 07.03.2021 08:10
question
Health, 07.03.2021 08:10
Questions on the website: 13722361