An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry?

A.

income account

B.

income summary account

C.

revenue account

D.

purchase account

E.

equity account

Question

Bailey Figueroa

16 January, 02:45

+1

Answers (1)

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Ashlynn Shields · Answer 1

e. equity account. this is the best out of all

An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry?A.income accountB.income summary accountC.revenue accountD.purchase accountE.equity account