Multiple Choice
Which account listed below would be double ruled in the ledger as part of the closing process?
A) Cash
B) Retained Earnings
C) Dividends
D) Accumulated Depreciation
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q20: It is not necessary to prepare formal
Q62: The final closing entry to be journalized
Q169: The operating cycle of a company is
Q223: The adjustments on a worksheet can be
Q242: Indicate the worksheet column (income statement Dr.,
Q245: Both correcting entries and adjusting entries always
Q248: IFRS permits the noncurrent classifications to be
Q249: Identify which of the following are temporary
Q251: The post-closing trial balance only contains Statement
Q252: The following items (in thousands) are taken