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How to Post Closing Entries
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Closing Entries
9:21
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Finally Learn
4 Easy Steps to Mastering Closing Entries in Accounting
This video shows how to prepare closing entries and the post-closing trial balance using an example from start to finish. The balances are from an adjusted trial balance in the previous video. There are four closing entries: 1. close revenues 2. close expenses 3. close income summary 4. close dividends __________ SEE ALSO Accounting Cycle ...
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Sep 26, 2023
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