Which accounts don't need to do closing entries?
a. Revenue
b. Expense
c. Income Summary
d. Withdrawals
e. Current asset
Answer: E
Which accounts don't need to do closing entries?
a. Revenue
b. Expense
c. Income Summary
d. Withdrawals
e. Current asset
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.