Multiple Choice
Which of the following is an example of a temporary account that will be closed to Income Summary at the end of the accounting period?
A) Accumulated Depreciation
B) Land
C) Accounts Payable
D) Service Revenue
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q102: A list of financial statement items for
Q103: The unadjusted trial balance of Jackson's Web
Q104: The current ratio is the ratio of
Q105: Listed below are some of the steps
Q106: The following errors were made in April
Q108: Below is an adjusted trial balance. <img
Q109: Office Equipment is classified in the balance
Q110: When preparing the December 31 year-end financial
Q111: Crimmins Boats paid a $350 cheque to
Q112: The trial balances of Grant Company follow