Solved

Computek,Inc

Question 12

Multiple Choice

Computek,Inc.has one revenue account,service revenue,which is to be closed out at year end.The closing entry would be:


A) Computek,Inc.has one revenue account,service revenue,which is to be closed out at year end.The closing entry would be: A) B) C) D)
B) Computek,Inc.has one revenue account,service revenue,which is to be closed out at year end.The closing entry would be: A) B) C) D)
C) Computek,Inc.has one revenue account,service revenue,which is to be closed out at year end.The closing entry would be: A) B) C) D)
D) Computek,Inc.has one revenue account,service revenue,which is to be closed out at year end.The closing entry would be: A) B) C) D)

Correct Answer:

verifed

Verified

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

Related Questions

Q7: The following information was taken from Dukas

Q8: Place each of the following accounting elements

Q9: All adjusting entries involve<br>A)credits to income statement

Q10: On September 1,2010,Olpe Corporation paid $2,400 for

Q11: Accountants use the term "debit" to refer

Q13: Only one of the following could be

Q14: Which of the following accounts are decreased

Q15: Net income would decrease as a result

Q16: Which of the following is not an

Q17: As a result of closing entries which