Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

HayleyHelton

  • one year ago

Okay so can some one help me with an Accounting/Financing questions that i can seem to find the answers to? One purpose of closing entries is to give zero balances to _______ accounts. A. asset and liability B. liability and capital c. revenue and expenses D. expense and capital After the closing entries are posted to the ledger, each expense account will have _____ balance. A. a debit B. a credit C. either a debit or a credit D. a zero. That is the first few I need help with. It wonldnt let me type no more ha

  • This Question is Closed
  1. HayleyHelton
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I think its C, then D

  2. sweetie21
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    yea it's C then D :)

  3. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.