Which of the following accounts will be debited in the closing entry at the end of the year? a fees earned. b. unearned fees. c. depreciation expense. d. rent expense.

Let’s move on to learn about how to record closing those temporary accounts. Notice how only the balance in retained earnings has changed and it now matches what was reported…

Continue ReadingWhich of the following accounts will be debited in the closing entry at the end of the year? a fees earned. b. unearned fees. c. depreciation expense. d. rent expense.

What Is The Difference Between Payment Date and Check Date during Print AP Check? Elliott Support Center User Feedback Forums & Knowledge Base

These things effectively prevented him from accessing the funds in the old year. However, I will say that if you have collected payments from that payor in the past by…

Continue ReadingWhat Is The Difference Between Payment Date and Check Date during Print AP Check? Elliott Support Center User Feedback Forums & Knowledge Base