Question: Indicate whether a debit or credit is required to close

Indicate whether a debit or credit is required to close each of the following accounts. Use the symbols D if a debit is required, C if a credit is required, and N if the account is not closed at the end of the period.
Salary Expense
Unexpired Insurance
Consulting Fees Earned
Depreciation Expense
Dividends
Retained Earnings
Interest Revenue
Accumulated Depreciation
Income Taxes Expense
Unearned Revenue
Income Summary (of a profitable company)
Income Summary (of an unprofitable company)


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  • CreatedApril 17, 2014
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