An account that will have a zero balance after closing entries have been journalized and posted is:

Question:

(a) Service Revenue.

(b) Supplies.

(c) Prepaid Insurance.

(d) Accumulated Depreciation—Equipment.

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

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Question Posted: Feb 07, 2024 02:13 AM

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An account that will have a zero balance after closing entries have been journalized and posted is:

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a The Service Revenue account will have a zero balance after clos...View the full answer

Financial Accounting

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