Question and answer
Question not found.
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
All Categories|No Subcategories|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
All Categories|No Subcategories|
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
All Categories|No Subcategories|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
All Categories|No Subcategories|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
Home | Contact | Terms | Privacy | Social | ©2013 Purple Inc.
Ad
Popular Conversations
Solve the inequality 5x
Weegy: 5x User: Solve the inequality 5x Weegy: 5x User: Solve the inequality 12x Weegy: It will be c.x User: Solve the ...
4/23/2014 4:34:04 PM| 7 Answers
Simplify 5^-2 by making the exponent positive. A. 1/8 B. ...
Weegy: 5^-2 = B. 1/5^2
4/23/2014 8:59:53 PM| 4 Answers
Solve for x. x - 8 = -20 -28 -12 12 28
Weegy: 6(x - 2) = 4, 6x - 12 = 4, 6x = 4 + 12, 6x = 16, x = 16/6, or 8/3 in simplest form. User: The sum of ...
4/23/2014 1:27:55 PM| 3 Answers
Branches within the ICS organization can be established: ...
Weegy: Branches within the ICS organization can be established Geographically or functionally.
4/23/2014 5:48:09 PM| 3 Answers
5x + 4y + 15 + 2x - 8y - 5=
Weegy: The answer for 5x - 4y = 12 is y = 1/4 (5 x-12). User: 8(5a - b) - 6(4b-4a)= Weegy: a^2 - 5a - 6 = (a + ...
4/23/2014 8:09:04 PM| 3 Answers
Which country is not a permanent member of the U.N. Security ...
Weegy: the country which is not a permanent member of the UN council is (c) China. User: Who holds veto power in the ...
4/23/2014 10:11:57 AM| 2 Answers
Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares ...
Weegy: Zeller, Inc., has 60,000 shares of stock outstanding. Zeller declares a dividend of $580,000. ...
4/23/2014 10:05:10 AM| 2 Answers
What is the European Union?
4/23/2014 11:36:33 AM| 2 Answers
The United States and its allies launched operation “Desert Storm” in ...
Weegy: The United States and its allies launched operation “Desert Storm” in response to Iraq’s invasion of KUWAIT in ...
4/23/2014 11:50:36 AM| 2 Answers
Weegy Stuff
S
L
P
C
P
C
1
L
P
C
Points 1849 [Total 9730]| Ratings 0| Comments 1849| Invitations 0|Offline
S
L
P
C
L
P
C
Points 1846 [Total 7233]| Ratings 0| Comments 1846| Invitations 0|Offline
S
1
L
C
L
Points 941 [Total 5744]| Ratings 4| Comments 901| Invitations 0|Offline
S
1
L
1
L
P
Points 582 [Total 7259]| Ratings 2| Comments 562| Invitations 0|Offline
S
L
Points 480 [Total 2927]| Ratings 2| Comments 450| Invitations 1|Offline
S
L
1
1
1
Points 316 [Total 3582]| Ratings 7| Comments 246| Invitations 0|Offline
S
R
Points 267 [Total 379]| Ratings 6| Comments 187| Invitations 2|Offline
S
Points 217 [Total 217]| Ratings 6| Comments 137| Invitations 2|Offline
S
Points 170 [Total 586]| Ratings 0| Comments 170| Invitations 0|Offline
S
1
Points 165 [Total 495]| Ratings 4| Comments 125| Invitations 0|Offline