Closing entries Required Which of the following accounts are closed at the end of the accounting period?
Question:
Required
Which of the following accounts are closed at the end of the accounting period?
a. Dividends
b. Retained Earnings
c. Utilities Expense
d. Salaries Payable
e. Salaries Expense
f. Operating Expenses
g. Accounts Payable
h. Unearned Revenue
i. Prepaid Rent
j. Rent Expense
k. Service Revenue
l. Advertising Expense
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Account Closed at the end of the period a Dividends yes b Reta...View the full answer
Answered By
Shaira grace
I have experience of more than ten years in handing academic tasks and assisting students to handle academic challenges. My level of education and expertise allows me communicate eloquently with clients and therefore understanding their nature and solving it successfully.
4+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
