Multiple Choice
Which of the following account balances would be closed at year-end by crediting the account?
A) Investment revenue.
B) Loss on sale of building.
C) Sales revenues.
D) Unearned revenues.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: Which of the following accounts would not
Q37: Which of the following statements does not
Q75: What are the purposes of closing entries?
Q116: Below are two related transactions for Golden
Q119: Which of the following journal entries
Q120: Determine the effect of the following errors
Q122: On April 1, 2014, the premium on
Q123: On September 1, 2014, Fast Track, Inc.
Q125: On July 1, 2014, Goode Company borrowed
Q126: Air Cargo Company recorded the following adjusting