题目内容
（请给出正确答案）
[主观题]
Closing entries are necessary so that owner's capital will begin each period with a zero balance.
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发布时间：2022-01-07
题目内容
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更多“Closing entries are necessary …”相关的问题
第1题
Closing entries result in net income or net loss being transferred to the owner’s capital account（）
第3题
Closing entries would be prepared before: （).
A.Financial statements are prepare
B.A post-closing trial balanc
C.An adjusted trial balanc
D.Adjusting entries.
第4题
Entries that are made at the end of a period to correct accounts before financial statements are prepared are called ______.
A、closing entries
B、adjusting entries
C、reversing entries
D、journal entries
第5题
Closing entries result in the owner’s capital account being transferred into net income or net loss for the period ending.（）
第6题
Closing entries result in the owner’s capital account being transferred into net income or net loss for the period ending.（）
第8题
Closing entries are designed to transfer the end-of-period balances in the revenue accounts, the expense accounts, and the withdrawals account to owner's capital.
第9题
After the closing entries are made, which of the following statements is not true？______.A
After the closing entries are made, which of the following statements is not true？______.
A．The income summary has a zero balance.
B．Owner's equity has been increased for net income or decreased for net losss.
C．The depreciation expense account has a zero balance.
D．The accumulated depreciation account has a zero balance.
第10题
A trial balance prepared after the closing entries have been journalized and posted is the:
A、Unadjusted trial balance.
B、Post-closing trial balance.
C、General ledger.
D、Adjusted trial balance.
E、Work sheet.
