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Yes it can be and it is a good way to close a speech.

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16y ago

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What is the speech given by the presidents as they leave office?

"Farewell Address" is the speech given by the vacating president. The term is used only if the speech was indeed a closing speech, a farewell to the office or a summary of what was done and what more needs to be done.


The entry closing the Expense and Revenue Summary is a?

The entry closing the Expense and Revenue Summary is a?


What is the Name for Conclusion of a speech?

The conclusion of a speech is typically referred to as the "closing remarks" or "summary." It is where the speaker summarizes key points, reiterates the main message, and leaves a lasting impression on the audience.


What is The Income Summary account is used for?

Income summary is called the closing account, clearing account, nominal account,or temporary account?


What is A temporary account used in closing revenue and expense accounts called?

The answer is income summary.


The income summary account has debits of 85000 and credits of 75000 before closing. Closing income summary will?

increase retained earnings by 10,000


What are the 4 closing entries?

The four closing entries are used to close temporary accounts and prepare them for the next accounting period. They include closing revenue accounts to the Income Summary account, closing expense accounts to the Income Summary account, transferring the balance of the Income Summary account to the Retained Earnings account, and closing dividends (or withdrawals) accounts to the Retained Earnings account. These entries ensure that the temporary accounts reflect a zero balance at the start of the new period.


What are the four closing entries for a sole proprietorship?

The four closing entries for a sole proprietorship include: Closing Revenue Accounts: Transfer total revenues to the Income Summary account. Closing Expense Accounts: Transfer total expenses to the Income Summary account. Closing the Income Summary: Transfer the net income or loss from the Income Summary to the owner's Capital account. Closing Drawings: Transfer the owner's withdrawals (or drawings) from the Capital account to zero out the Drawings account.


Is closing the revenue account the second closing entry?

no. the first step is closing the revenue account. Then comes expenses and then income summary.


What is the posting reference in the income summary account when closing it?

#33


What is the part of speech for summary?

The word summary is a noun. The plural form is summaries.


what is the part of speech for last?

Best conclusion or in short summary.