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  3. Study Set
    College Accounting
  4. Exam
    Exam 5: The Accounting Cycle Completed: Closing and Post-Closing Trial Balance
  5. Question
    The Entry to Close the Fees Earned Account Would Cause
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The Entry to Close the Fees Earned Account Would Cause

Question 94

Question 94

Multiple Choice

The entry to close the Fees Earned account would cause


A) the Capital account balance to increase.
B) the Capital account balance to decrease.
C) the Fees Earned account to decrease.
D) None of these are correct.

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