accounting homework help

Anonymous
timer Asked: May 26th, 2016
account_balance_wallet $10

Question Description

Anne Marie, the owner of Anne’s Beauty Salon, comes to see you again.  She tells you that she has one more question for you. 
She told you that her accountant tried to explain to her the closing process in the accounting cycle.  The more he talked, the more confusing it got.  How would you explain the closing process to Anne Marie?

She also asked about dividends.  What are they?  Will they increase expense?


Tutor Answer

timmyray
School: New York University

Check the corrected file. Sorry, I wrote with respect to mortgaging. Thank you

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Closing process
The closing process, which is also known as closing the books outlines the steps that are
required in preparing the accounts for the final financial statement preparation, to be used in the
start of the next accou...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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