Question: During the closing journal entry process, determine which accounts are closed with the credit, debit, or not closed. Loss on Inventory destruction Service Revenue

During the closing journal entry process, determine which accounts are closed with

During the closing journal entry process, determine which accounts are closed with the credit, debit, or not closed. Loss on Inventory destruction Service Revenue Accumulated Depreciation Service Revenue Discount Dividends Payable Prepaid Rent Gain on Sale of Equipment Cost of Goods Sold A. Credit B. Debit C. Not Closed

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