Ask a New Question

what do you consider might happen if

revenue accounts are not closed? Explain why.
expense accounts are not closed? Explain why.
dividends are not closed? Explain why.

--

Ask a New Question or answer this question.

Similar Questions

Balances for each of the following accounts appear in an adjusted trial balance. Identify each as an asset, liability, revenue,
1. 1 answer
Birdy Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts
1. 1 answer
Birdy Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts
1. 1 answer
what do you consider might happen if revenue accounts are not closed
1. 0 answers

more similar questions