Question and answer
Which of the following groups of accounts will have zero balances after the closing process is completed?Allowance for Doubtful Accounts and Uncollectible Accounts Expense Purchases and
Purchases Returns and Allowances Merchandise Inventory and Sales Depreciation Expense and Accumulated Depreciation - Equipment
Purchases and Purchases Returns and Allowances is the group of accounts will have zero balances after the closing process is completed.
Question
Asked 10/8/2011 12:41:45 AM
Updated 7/7/2012 6:22:47 PM
2 Answers/Comments
Get an answer
New answers
Rating
2
Purchases and Purchases Returns and Allowances is the group of accounts will have zero balances after the closing process is completed.
Added 10/8/2011 3:07:29 AM
This answer has been added to the Weegy Knowledgebase
Rated bad by bethsands
1
The correct answer is: Allowance for Doubtful Accounts and Uncollectible Accounts Expense. I am an accounting student and this question was on a quiz. I am 100% positive on the correct answer.



Added 7/7/2012 6:22:47 PM
Rated good by bethsands
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
How do you think that you became so confident in yourself? What are you particularly confident in?
Weegy: To be confident, you must know what is your niche. I'm confident on my knowledge in Online Marketing and SEO because that is my niche. (More)
Question
Expert Answered
Asked 10/4/2011 9:16:09 AM
0 Answers/Comments
Name three reasons why health is an important aspect of life.
Weegy: Health is quite important as without it you may not be able to work and might end up with limited resources and poverty. Good health helps to prevent depression and one's mood might end up low if one is struggling with health care problems. [ Good health increases lifespan also. ] (More)
Question
Expert Answered
Asked 10/4/2011 4:15:35 PM
0 Answers/Comments
Name three reasons why health is a important aspect in life.
Weegy: Health is an important aspect in life because it allows you to do the things you want to do, work towards happiness, and live a meaningful life. (More)
Question
Expert Answered
Asked 10/4/2011 4:12:33 PM
0 Answers/Comments
What are some positive advice can you say to someone with low self-esteem?
Weegy: Some positive advice you can say to someone with low self-esteem is to believe in themselves to do what they feel is right. [ To be willing to believe that they are beautiful and can do anything they want in life as long as they work hard to achieve it. ] (More)
Question
Expert Answered
Asked 10/7/2011 9:09:37 AM
0 Answers/Comments
Name three reasons why your future is a important aspect in life.
Weegy: 1. Because I will die in future. 2. I will marry in future. 3. My dreams will either be fulfilled or not in future. (More)
Question
Expert Answered
Asked 10/4/2011 4:07:38 PM
0 Answers/Comments
0 questions answered
Popular Conversations
Manhattan Island is __________. A. the largest island in Canada B. ...
Weegy: the manhattan island is the most highly populated island in north america. letter D would be the best answer. ...
10/22/2014 8:51:05 AM| 9 Answers
Arabian glass, which authorities believe appeared in the second half ...
Weegy: Obsidian, which was used by early man to make arrowheads, is a naturally occurring glass. 'which was used by ...
10/22/2014 10:45:16 AM| 3 Answers
What is the center of the circle that has a diameter whose endpoints ...
Weegy: The center of the circle that has a diameter whose endpoints are (2, 7) and (-6, -1) is (-2, 3) User: ...
10/22/2014 10:50:52 AM| 3 Answers
Perform the indicated operation. (8c 2 - 2c - 15) ÷ (4c + 5) = ...
Weegy: 3-3 = 0 User: Cool Scoops ice cream shop offers 60 different one-topping sundaes. If there are 12 flavors of ...
10/22/2014 11:16:59 AM| 3 Answers
Which kingdom contains only ...
Weegy: Which kingdom contains only producers? - D. Plantae
10/22/2014 7:29:36 AM| 2 Answers
Which words in the sentence make up the adjective phrase? Which word ...
Weegy: Which words in the sentence make up the adjective phrase? Which word does the adjective phrase modify? Bees ...
10/22/2014 9:30:59 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2349 [Total 14724]| Ratings 0| Comments 2349| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1519 [Total 11000]| Ratings 4| Comments 1479| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 823 [Total 13052]| Ratings 0| Comments 823| Invitations 0|Offline
S
L
Points 524 [Total 1923]| Ratings 0| Comments 524| Invitations 0|Offline
S
1
L
L
Points 483 [Total 6277]| Ratings 3| Comments 453| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 414 [Total 415]| Ratings 6| Comments 354| Invitations 0|Offline
S
Points 251 [Total 251]| Ratings 1| Comments 241| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
Points 27 [Total 27]| Ratings 0| Comments 27| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.