closing temporary accounts
Quiz by Wadeea Aldalal
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
5 questions
Show answers
- Q1
the purpose of the closing process is revenues , expense , withdrawal
truefalseTrue or False30s - Q2
in the closing process we must prepare a post-opening trail balance
falsetrueTrue or False30s - Q3
the closing process applies only to permanent account accounts
falsetrueTrue or False30s - Q4
one of the steps of preparing closing entries (close the revenue accounts )
truefalseTrue or False30s - Q5
steps of closing entries are 4 entries
truefalseTrue or False30s