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Other Fields Homework Help Accounting Topic started by: majestico on Jun 6, 2017



Title: Closing entries will: (Multiple Choice)
Post by: majestico on Jun 6, 2017
Closing entries will:
A) decrease the Cash balance.
B) either increase or decrease Owner's Capital.
C) not affect the Owner's Capital balance.
D) increase the Owner's Capital.


Title: Re: Closing entries will: (Multiple Choice)
Post by: keytwo on Jun 6, 2017
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Title: Re: Closing entries will: (Multiple Choice)
Post by: majestico on Sep 3, 2017
Yeah, makes a lot more sense. Appreciate this quite a lot