The income statement credit column of the worksheet showed the following revenues:
The journal entry to close the revenue accounts is:
A) 
B) 
C) 
D) 
Correct Answer:
Verified
Q33: Closing entries will
A) increase the Owner's Capital.
B)
Q43: M.Smuts showed a net income of $6,000.The
Q44: The business failed to close any of
Q46: The entry to close the Withdrawal account
Q49: After closing the revenue,expense,and withdrawal accounts,the capital
Q50: The following normal account balances were found
Q51: The balance in the J.Higgins,Withdrawals account was
Q54: All permanent accounts can be found:
A) on
Q54: J.Oros showed a net loss of $3,200.The
Q57: B. Benson's worksheet showed the revenue account,
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