Question: For the following accounts, indicate whether each would be (Yes) or would not be (No) closed at the end of the accounting period. _______ 1.
For the following accounts, indicate whether each would be (Yes) or would not be (No) closed at the end of the accounting period.
_______ 1. Prepaid Insurance
_______ 2. Supplies Expense
_______ 3. Capital Stock
_______ 4. Sales Revenue
_______ 5. Depreciation Expense
_______ 6. Accumulated Depreciation
_______ 7. Cash
_______ 8. Income Tax Expense
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