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i mean for which accounts and how we record closing entries
and adjusting entries plz name the accounts and the method of
closing them.

2006-07-27 01:01:50 · 3 answers · asked by viki 1 in Business & Finance Small Business

3 answers

the account that need to be closed are revenue and expenses. Just reverse the journal. Revenue in debet, expenses in credit.

2006-07-27 02:23:38 · answer #1 · answered by Anonymous · 0 0

There are different accounting closing entries for every type of general ledger account - (and every type of business!)
If you are not an accountant or accounting student you do not have to worry about them.

2006-07-27 01:12:09 · answer #2 · answered by Fred 1 · 0 0

Professional level DSLRs will have more features and will be more durable than the entry-level versions. They also generally have the capability for a bit more performance; i.e. low light. If you do not need those features or durability, then an entry-level DSLR may be good enough.

2016-03-27 01:10:20 · answer #3 · answered by Anonymous · 0 0

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