Home » Classroom » JSS1 Business studies Journals Question

Which journal entry transfers temporary account... - JSS1 Business studies Journals Question

Which journal entry transfers temporary account balances to permanent accounts at the end of an accounting period?

A

Simple journal entry

B

Compound journal entry

C

Reversing journal entry

D

Closing journal entry

correct option: d
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses