How to make Closing entries in Accounting Lecture by Sir Kashif Alam

Name: How to make Closing entries in Accounting Lecture by Sir Kashif Alam
Uploaded: 2015-10-10T10:58:39+00:00
Duration: 3 min 13 s
Channel: Muhammad Arsalan
Description: 1-All the expenses are closed through Income Summary Account. 2-All the revenues are closed through Income Summary Account. 3-Income Summary Account is closed trough Capital Account/Retained Earning Account 4-Drawing Account is closed through Capital Account/Retained Earning Account Official Website : http://letseducategenerations.blogspot.com/

Muhammad Arsalan

1-All the expenses are closed through Income Summary Account.  2-All the revenues are closed through Income Summary Account.  3-Income Summary Account is closed trough Capital Account/Retained Earning Account  4-Drawing Account is closed through Capital Account/Retained Earning Account    Official Website : http://letseducategenerations.blogspot.com/

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