157 days ago
Financial Accounting Tutorial - How to Prepare Closing Entries
Accounting
This financial accounting tutorial addresses the last part of the accounting cycle -- closing entries. We explore how closing the books involves transferring the balances of the revenue, expense, and dividend accounts to retained earnings and the reasons behind these transfers. Using debits and credits, this tutorial will take you step-by-step through the all of the transactions.
Confirm Your Email: Send