Which of the following accounts would not be closed to the retained earnings account at the end
Question:
Which of the following accounts would not be closed to the retained earnings account at the end of a period?
a. Fees Earned
b. Wages Expense
c. Rent Expense
d. Accumulated Depreciation
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d Since all revenue and expense accounts are closed a...View the full answer
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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