accounting final

accounting final

Question
	accouting final

Question 1.1.(TCO 3) At the end of the period it is necessary to
close all temporary accounts. (1) Explain why this process is required (15
points) and (2) provide an example of the closing of an expense account, Rent
Expense in the form of a journal entry. (10 points) (Points : 25)
	
,

		
Attachments
		
 (32.38 KB)