Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
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
Question
Not Answered
Updated 10/8/2011 2:38:27 AM
1 Answer/Comment
Purchases and Purchases Returns and Allowances is a group of accounts that will have zero balances after the closing process is completed. ref:
Added 10/8/2011 2:38:27 AM
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
Question
Updated 7/7/2012 6:22:47 PM
2 Answers/Comments
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
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
The income summary account is a permanent account.
Weegy: It is a temporary account and is one of the closing entries. It is closed off to the owner's capital account or, in corporations, to the retained earnings account. The attached notes are excellent on this topic. (More)
Question
Expert Answered
Asked 10/8/2011 12:37:51 AM
0 Answers/Comments
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
Weegy: Simply solve the equation for P rather than Q Start by adding 0.2P to both sides 0.2P + Q = 100 then subtract Q from both sides 0.2P = 100 - Q then divide both sides by 0.2 and you get P = 500 - 5Q (More)
Question
Expert Answered
Updated 10/8/2011 2:40:36 AM
1 Answer/Comment
Purchases and Purchases Returns and Allowances is the group of accounts will have zero balances after the closing process is completed. ref:
Added 10/8/2011 2:40:36 AM
17,188,681 questions answered
Popular Conversations
Indicate whether the statement is true or false. The reason a penny ...
Weegy: TRUE - The reason a penny thrown straight up inside an airplane will come back to your hand is that you, the air ...
8/31/2014 3:31:31 PM| 4 Answers
A line passes through the points (-10, -4) and (-1,2). What is the ...
Weegy: A line passes through the points (-10, -4) and (-1,2). The y-intercept of the line is 8/3. The equation of the ...
8/31/2014 11:50:10 AM| 3 Answers
India is a subcontinent and consists of all of the following except. ...
Weegy: Indian subcontinent has all the features , valleys in himalayan mountains , deccan plateaus , thar desert , and ...
8/31/2014 11:02:13 AM| 2 Answers
Market economy. User: Command economy.
8/31/2014 8:31:19 PM| 2 Answers
Consider this quote: "In each of these historical instances . . . ...
Weegy: D. it stands for the omission of only a single word. User: Which of the following statements correctly ...
9/1/2014 8:30:28 AM| 2 Answers
Which of the following is least likely to form ...
Weegy: Helium is least likely to form bonds. User: Which of the following is an example of plasma? the atmosphere ...
8/31/2014 12:42:25 AM| 1 Answers
Weegy Stuff
S
L
1
L
Points 112 [Total 6645]| Ratings 0| Comments 112| Invitations 0|Offline
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
Points 73 [Total 24473]| Ratings 0| Comments 73| Invitations 0|Online
S
L
C
P
C
1
L
L
Points 72 [Total 16011]| Ratings 0| Comments 72| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 26 [Total 17198]| Ratings 0| Comments 26| Invitations 0|Online
S
Points 20 [Total 20]| Ratings 0| Comments 0| Invitations 2|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 18 [Total 18549]| Ratings 0| Comments 18| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 13 [Total 11259]| Ratings 0| Comments 13| Invitations 0|Offline
S
Points 13 [Total 683]| Ratings 0| Comments 13| Invitations 0|Offline
S
Points 11 [Total 69]| Ratings 1| Comments 1| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 10 [Total 9790]| Ratings 0| Comments 10| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.