Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the account to which revenues are closed is called

The account to which revenues are closed is called: O A....

50.1K

Verified Solution

Question

Accounting

image
The account to which revenues are closed is called: O A. Retained Earnings. OB. Sales O C. Cash OD. Common Stock

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Equilibrium Concentrations 1 2 3 4 5 [FeSCN2+] 1.49x10-5 M 4.69x10-5 M 7.47x10-5 M 1.01x10-4 M 2.65x10-4 M [Fe3+] 6.0x10-4 M 6.0x10-4 M 6.0x10-4 M 6.0x10-4 M 6.0x10-4 M [SCN-] 2.0x10-4 M 4.0x10-4 M 6.0x10-4 M 8.0x10-4...

Chemistry
Q

2a. A. Please calculate minute ventilation (VE), alveolar ventilation (VA), cardiac output (Q) and the ventilation...

Medical Sciences
Q

What are suggestions for someone planning to have a total hip replacement? Comment on the choice...

Mechanical Engineering
Q

What is the difference between a series circuit and a parallel circuit? which circuit is better?...

Mechanical Engineering
Q

Mike Foster, marketing manager for Big Time Sports Products, Inc. (BTSP), is thinking about how the changes...

General Management
Q

10 4 points Factor Show all your steps a y 81 25x b y 12x...

Basic Math
Q

Let f be a scalar field (a function) and F a vector field.For each expression,...

Basic Math
Q

A college wants to increase the student body from a current size of 1500 by...

Algebra
Q

_________ receive dividends and capital gains in return for letting the firm use their money....

Accounting
Q

The crowding-out effect from increasing government spending can be avoided if O A. People will...

Accounting
Q

1. dividend growth of 2.4% per year indef. most recent div. was $1.5. what is...

Finance
Q

A company just paid a dividend of $1.30 per share. The consensus forecast of financial...

Finance