Question
The trial work sheet balance amounts for West Side Cleaners is
given below. Use the information to indicate whether each account
requires a closing entry.
Rent Expense $1,900.00
a. Requires a closing entry
b. DOES NOT require a closing entry
given below. Use the information to indicate whether each account
requires a closing entry.
Rent Expense $1,900.00
a. Requires a closing entry
b. DOES NOT require a closing entry
Answers
GPT 3.5
The account "Rent Expense" requires a closing entry. (a)