ASIENTO CONTABLE DE CIERRE ANUAL | Contabilidad básica | Finanzas

In this video, we explain the main concept of the #annual-closing entry and why it's so important in accounting. This entry involves the following income statements: Sales Costs Expenses So they are balanced to determine the financial year's profit or loss for the corresponding period. Subscribe to our channel: https://www.youtube.com/contadorconta... Visit our page: https://contadorcontado.com/ Follow us on Facebook:   / contadorcontado   Personal Facebook: https://www.facebook.com/profile.php?... We want to hear your comments ––––––––––––––––––––––––––––––– Calling by INOSSI   / inossi   Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: http://bit.ly/_calling-inossi Music promoted by Audio Library    • Video   ––––––––––––––––––––––––––––– Running Free by INOSSI   / inossi   Creative Commons—Attribution 3.0 Unported—CC BY 3.0 Free Download / Stream: https://bit.ly/_running-free Music promoted by Audio Library    • Video