Accountancy, asked by mdadeebshariff, 10 months ago

give an example for closing entry​

Answers

Answered by mrityunjaypathak84
0

Answer:

nothing the example for closing entry

Answered by Shanaya331990
2

Explanation:

Example of a Closing Entry

Close Revenue Accounts. Clear the balance of the revenue. ...

Close Expense Accounts. Clear the balance of the expense accounts by debiting income summary and crediting the corresponding expenses.

Close Income Summary. ...

Close Dividends.

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