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Java Games: Flashcards, matching, concentration, and word search. |
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| closing entries | Journal entries made to close, or reduce to zero, the balances in the temporary accounts and to transfer the net income or net loss for the period to the capital account |
| compound entry | A journal entry with two or more debits or two or more credits |
| income summary account | The general ledger account used to summarize the revenue andexpress for the period |
| post-closing trial balance | A list of the permanent general ledger account balances; it is prepared to prove the ledger after the closing entries are posted |
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Teacher |
Coral Springs Charter School |
| Coral Springs, FL |
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