menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles
  4. Exam
    Exam 4: Completing the Accounting Cycle
  5. Question
    Which Account Listed Below Would Be Double Ruled in the Ledger
Solved

Which Account Listed Below Would Be Double Ruled in the Ledger

Question 102

Question 102

Multiple Choice

Which account listed below would be double ruled in the ledger as part of the closing process?


A) Cash
B) Owner's Capital
C) Owner's Drawings
D) Accumulated Depreciation-Equipment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q97: The following information is for Qwik

Q98: The first required step in the accounting

Q99: Which statement about long-term investments is not

Q100: In order to close the owner's drawings

Q101: Identify which of the following are temporary

Q103: Bonita Arcade paid the weekly payroll

Q104: At March 31 account balances after

Q105: The account Supplies will appear in the

Q106: The following lettered items represent a classification

Q107: Indicate the proper sequence of the steps

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines