Project 3

1. Project 3

1.6. Training Room 2

Project 3: Closing Entries

Emptying coins from one glass to another.

Training Room 2: Posting Closing Entries

Suggested Time: 160 minutes

Training Room Introduction

The image shows a cartoon picture of a young woman.

Posting the closing entries is like emptying out all of the money from an account and holding that money in another account. Now the original account is empty and ready to accept transactions for the next fiscal period.