ch4
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| which of the following accounts are temporary accounts that must be closed at the end of the year? | show 🗑
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| to what accounts is the balance in the income summary closed ? | show 🗑
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| show | revenues, expenses, income summary, drawing account
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| unearned fee appear appear on the? | show 🗑
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| which of the following do not show up on a post closing trial balance ? | show 🗑
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| which of the following entries will be necessary to close the insurance expense account at the end of the year | show 🗑
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| show | drawing account fees earned, rent expense
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| show | no financial statement
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| accumulated depreciation appears on the | show 🗑
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| show | reverse less expense(ordered largest to smallest amount with miscellaneous expense listed last.
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| which of the following measures a company's ability to pay current liabilities with current assets | show 🗑
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| under which of the following categories would accounts payable ? | show 🗑
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| show | the worksheet is a document used to summarize data to prepare the financial statements
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| show | unearned service revenue
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| show | the net income or (loss) for the period
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| show | income summary
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| which is not example of a temporary account | show 🗑
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Created by:
colecoe