After editing an invoice in a closed period, you record the change in income by editing the adjusting entry________ .
A)For the Closing Date
B)For transferring Net Income and Retained Earnings into the Capital account
C)You do not edit anything, you record another adjusting entry
D)Both A and B

Question

Quizplus · Accepted Answer

The Answer of After editing an invoice in a closed period, you record the change in income by editing the adjusting entry________ .
A)For the Closing Date
B)For transferring Net Income and Retained Earnings into the Capital account
C)You do not edit anything, you record another adjusting entry
D)Both A and B

After Editing an Invoice in a Closed Period, You Record