Answer 1 of 10: I have been searching for apartments and hotels in Barcelona and they all seem to have double or twin beds. Are there any queen or king size beds to be found? It seems to me the largest beds are doubles. Thanks for any info.
Correct Answer: To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period. â¢ Question 8 0.5 out of 0.5 points Which type of account is always credited during the closing process? Answer Selected Answer: Expense. Correct Answer: Expense.
The golden rule of accounting is to maintain balance. In order to do so, all debits must equal all credits. The purpose of the post- closing trial balance is just that. It ensures that at the end of an accounting period, the sum of the total debits is equal to the sum of the total credits. The post- closing trial balance gives a listing of each permanent account that a company has and its balance.