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adelina 88 [10]
3 years ago
5

Which of the following is prepared first?

Business
1 answer:
vampirchik [111]3 years ago
8 0
B. The income statement 
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The entries that transfer the​ revenue, expense, and dividends balances to the Retained Earnings account to prepare the​ company
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Answer:

The correct answer is "Closing entries"

Explanation:

Closing entries, commonly named as closing journal entries, are records produced at the close of an accounting period to transform in 0 "zero" all temporary accounts. Usually is the balance is transferred to permanent accounts. It is used to close the temporary accounts and reset the balance every end of period.

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What is the extractive industry?
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a global standard for the good governance of oil, gas and mineral resources.

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How did the completion of the Transcontinental Railroad affect companies that made products?
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The Transcontinental Railroad affected companies that made products because c<span>ompanies could ship goods cheaply over long distances.</span>
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4 years ago
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Akuntansi keuangan perusahaan​
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workplace in New York City and delivered a summons to appear in court in Maryland. The lawsuit against her relates to property damage that occurred in a home sh rented in New Jersey, which

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3 years ago
Expenditure by business on capital goods is known as what
AURORKA [14]
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Investment Spending or Capital Expenditure.

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Capital Expenditure or Investment Spending mainly deals with business expenditure on capital goods or factor/inputs of production which are used in the production process.
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