Business, 26.02.2020 04:11 bryanmcmillianjr
Identify which of the following accounts should be closed with a debit or a credit to Income Summary at the end of the fiscal year. If it is not closed to Income Summary, match as n/a.
Utilities Payable
[ Choose ] credit debit n/a
Utilities Expense
[ Choose ] credit debit n/a
Supplies
[ Choose ] credit debit n/a
Supplies Expense
[ Choose ] credit debit n/a
Fees Earned
[ Choose ] credit debit n/a
Unearned Fees
[ Choose ] credit debit n/a
Accounts Receivable
[ Choose ] credit debit n/a
Dividends
[ Choose ] credit debit n/a
Retained Earnings
[ Choose ] credit debit n/a
Accumulated Depreciation - Equipment
[ Choose ] credit debit n/a
Depreciation Expense - Equipment
[ Choose ] credit debit n/a
Equipment
[ Choose ] credit debit n/a
Prepaid Insurance
[ Choose ] credit debit n/a
Insurance Expense
Answers: 3
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Identify which of the following accounts should be closed with a debit or a credit to Income Summary...
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