16. Which of the following accounts should be closed to Income Summary? a. Accumulated Depreciation b. Supplies Expense c. Prepaid Expenses d. Drawings 17. Which of the following accounts ordinarily appears in the post-closing trial balance? a. Salaries Expense b. Supplies Expense c. Accumulated Depreciation d. Fees Earned

16. Which of the following accounts should be closed to Income Summary? a. Accumulated Depreciation b. Supplies Expense c. Prepaid Expenses d. Drawings 17. Which of the following accounts ordinarily appears in the post-closing trial balance? a. Salaries Expense b. Supplies Expense c. Accumulated Depreciation d. Fees Earned

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Description: this multiple choice questions from ACCOUNTING PRINCIPLES II need the final answer. 16. Which of the following accounts should be closed to Income Summary?a. Accumulated Depreciation b. Supplies Expensec. Prepaid Expensesd. Drawings17. Which of the f

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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