Which of the following accounts would be closed by posting a debit to the account? a.Miscellaneous Expense b.Josh Morton, Drawing c.Fees Earned d.Prepaid Insurance
Which of the following accounts would be closed by posting a debit to the account? a.Miscellaneous Expense b.Josh Morton, Drawing c.Fees Earned d.Prepaid Insurance
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 14Q: A journal entry that requires a debit to Accounts Receivable and a credit to Sales goes in which...
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Which of the following accounts would be closed by posting a debit to the account?
a.Miscellaneous Expense
b.Josh Morton, Drawing
c.Fees Earned
d.Prepaid Insurance
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