Year-end closing process

Year-end closing process

Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate.

Describe the year-end closing process.
What are the four steps in the closing process? Provide an example journal entry for each.
What is the difference between temporary and permanent accounts?
Guided Response: Respond to at least two of your classmates by commenting on their posts. Do you agree with your peer’s explanations? Is there anything you would add to this conversation? If so, please share. Though two replies are the basic expectation for class discussions, for deeper engagement and learning you are encouraged to provide responses to any comments or questions others have given to you. Continuing to engage with peers and the instructor will further the conversation and provide you with opportunities to demonstrate your content expertise, critical thinking, and real-world experiences with the discussion topics.

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Year-end closing processes

APA

309 words