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-CourseThe 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/CAPPFor 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/