Added: 4 years ago
From: SusanCrosson
Views: 17,967
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  • SUPERLIKE.

  • where did you get the Income summary amount of $50 for the close revenue expenses .

    Pls reply .Thank you .

  • Comment removed

  • dear susan what if we have dividends??pls reply thanks alot

  • you debit RETAINED EARNINGS and credit DIVIDENDS

    so

    RETAINED EARNINGS xx  DIVIDENDS xx

    this will get the dividends account to zero balance for the next period

    hope this helped :)

  • susan you should get a whiteboard for all your great videos!

  • thanks susan, you have made accounting easy..

  • plz can u do a tutorial on KPI i.e. how to prepare performance report based on a trial balance to show departmental performance & Trend Analysis

    hi susan,

    plz can u do a tutorial on how to do KPI's through a trial balance.

    And also how to do a TREND ANALYSIS based on the results of trial balance ????? plz reply ??

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