ACCT 2302
University Of Phoenix
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Sophia accounting milestone 2,100% CORRECT
- Tentamen (uitwerkingen) • 8 pagina's • 2020
- $15.49
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If Megan has completed the drawing closing entry, which of the following will she complete next in the closing process?
•
Prepare the balance of the income summary account
•
Prepare an earnings summary
•
Prepare a post closing trial balance of the account
•
Prepare a revenue closing entry
2
The statement of changes in owner's equity is a financial statement _______________ that provides information about changes to the equity of a business for ___________________.
•
prepar...
Tentamen (uitwerkingen)
Sophia accounting milestone 2,100% CORRECT
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If Megan has completed the drawing closing entry, which of the following will she complete next in the closing process? • Prepare the balance of the income summary account • Prepare an earnings summary • Prepare a post closing trial balance of the account • Prepare a revenue closing entry 2 The statement of changes in owner's equity is a financial statement _______________ that provides information about changes to the equity of a business for ___________________. • prepar...
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