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majestico majestico
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Posts: 1455
Rep: 6 0
6 years ago
Each individual expense account is credited when closing, and the total of all the expense accounts is transferred to Income Summary.
A) True
B) False
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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Posts: 994
6 years ago
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majestico Author
wrote...
6 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
wrote...
5 years ago
Happy to help Slight Smile
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