Closing Entries and Postclosing a Balance Public

Basic Accounting & Bookkeeping (Sponsored by CAPP)

Students gain the ability to journalize and post closing entries through using the steps in the accounting cycle.

Required Evidence

[Quiz] Closing entries & postclosing trial balance

Complete Chapter 6 Multiple Choice Quiz from College Accounting Principles McGraw Hill. Students are tested on knowledge of objectives listed in the badge overview (6-1 to 6-4). More Info

[Evaluation] Closing entries, income statement,etc

Students are evaluated on their ability to post closing entries in the general journal, ability to generate an income statement and ability to produce a postclosing trial balance. More Info

Badge Overview

Closing Entries and Postclosing a Balance

The badge recipient developed the ability and knowledge to journalize and post closing entries through using the steps in the accounting cycle.

[Quiz] Earners of this badge were tested on their knowledge of the objectives listed below (6-1 to 6-4) 
6-1 Journalize and post closing entries.
6-2 Prepare a postclosing trial balance.
6-3 Interpret financial statements.
6-4 Review the steps in the accounting cycle.

[Evaluation] Earners of this badge were also evaluated on ability to post closing entries in the general journal, ability to generate an income statement and ability to produce a postclosing trial balance.

Earners of this badge are students enrolled in a basic accounting and bookkeeping course offered by Community Action Partnership of Providence (CAPP). This badge is part of a group of badges that can be found here: http://www.badgelist.com/Accounting-Bookkeeping-Course

The administrative account that grants this badge is owned and operated by Community Action Partnership of Providence (CAPP). Other CAPP badges can be found here: http://www.badgelist.com/u/CAPP

For more information about this class and/or one of the many other services/programs offered by CAPP to Providence residents please visit http://www.cappri.org/

Community Action Partnership of Providence

518 Hartford Avenue | Providence, Rhode Island 02909 
Tel. 401.273.2000 | Fax.  401.228.3078 | http://www.cappri.org/

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