Silas's acc quizlet🖤

Unadjusted, adjusted, post closing

The accounting cycle requires three trial balances be done.

balance sheet, non current assets section

Notes receivable due in 390 days appear on the

Prepare a post-closing trial balance

The last step of the accounting cycle is to

include income statement accounts

The post-closing trial balance differs from the adjusted trial balance in that it does not

Fees earned

Which of the accounts below would be closed by posting a debit to the account Fees earned Dividends Miscellaneous expense Unearned revenue

Depreciation Expense

Which of the following accounts will be credited to close it Accumulated deprecation Fees earned Depreciation expense Rent revenues

Analyze transactions & record them in the journal

The first step of the accounting cycle is to

Retained earnings

What account type is closed at the end of the accounting period

Fees earned

What account will not appear on the post closing trial balance

Debit expensess assets liabilities equity revenue

What is DEALER

To make sure all temporary accounts have a zero balance

What is the goal of the closing process