you need to close the accounts receivable period, what is the step by step process?​

you need to close the accounts receivable period, what is the step by step process?​

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1 thought on “you need to close the accounts receivable period, what is the step by step process?​”

  1. Explanation:

    Step 1: Close Revenue accounts.

    Step 2: Close Expense accounts.

    Step 3: Close Income Summary account.

    Step 4: Close Dividends (or withdrawals) account.

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