Closing Entries
11:10
YouTubeEdspira
Closing Entries
This video explains what a closing journal entry is and illustrates how to record journal entries to close out nominal accounts (revenue, expenses, and dividends). — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business ...
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