Multiple Choice
Adjusting entries are used to:
A) Close temporary accounts at year end
B) Close permanent accounts at year-end
C) Bring account balances up to date at year end
D) All the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: To print the Balance Sheet, select:<br>A)Company Center
Q2: To record a credit purchase,use the:<br>A)Purchase Order
Q6: When closing the accounting period you:<br>A)Close temporary
Q8: To create a memorized transaction for a
Q8: When you record the receipt of a
Q11: To remove accounts with zero balances from
Q12: Credit sales are recorded using the _
Q13: To record adjusting entries, use:<br>A)Report menu >
Q18: To print the Statement of Cash Flows,
Q22: To print the entire Journal, select:<br>A)Report Center