Multiple Choice
The balance of the salaries expense account is $1200. Which is the correct closing general journal entry?
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: Which of these is not a temporary
Q29: Which of the following statements relating to
Q30: King Ltd's year-end trial balance includes the
Q32: Before calculating the profit for the period,
Q34: What is the closing entry for drawings
Q35: Assume that no reversing entries are made
Q36: Closing an account means:<br>A) transferring the balance
Q37: Entries made at the beginning of the
Q38: Adjusting entries prepared for interim financial statements
Q61: The major purpose of a post-closing trial