Principles of Financial Accounting · 免费预览
描述并编制结账分录
期末结账分录将临时账户、收入、费用和股息的余额结转入留存收益，期末仅保留资产负债表中的永久性账户未予结转，以供下一期间使用。
1. Temporary versus permanent accounts
Temporary versus permanent accounts
2. The four closing entries
The four closing entries
3. Closing illustrated with numbers
Closing illustrated with numbers
4. Why a holding account helps
Why a holding account helps
5. Which accounts close
Which group of accounts is closed at the end of the period?
6. Purpose of income summary
What is the role of the income summary account in the closing process?
7. First closing entry
A company shows service revenue of 11,640 dollars at period end. What is the first closing entry?
8. Closing dividends
Which entry closes the dividends account?
9. Net income closed
Revenue of 11,640 dollars and expenses of 8,260 dollars leave income summary with a credit balance of 3,380 dollars before the third closing entry. The third entry credits ____ for 3,380 dollars.
10. Accounts left open
After all closing entries post, the ledger contains only which three categories of permanent accounts? Name the balance sheet sections in three words.