Balance Sheet Closing - Web closing, or clearing the balances, means returning the account to a zero balance. Transferring the credit balances in the. Web the four basic steps in the closing process are: Having a zero balance in these accounts.
Web closing, or clearing the balances, means returning the account to a zero balance. Having a zero balance in these accounts. Web the four basic steps in the closing process are: Transferring the credit balances in the.