Business, 26.02.2020 01:25 ajbrock1004

The closing entry for expenses includes.

a. A debit to Revenues and a credit to all expense accounts.
b. A debit to Dividends and a credit to all expense accounts.
c. A debit to Retained Earnings and a credit to all expense accounts.
d .A debit to Revenues and a credit to Retained Earnings.

Answers: 2

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The closing entry for expenses includes.

a. A debit to Revenues and a credit to all exp...