Multiple Choice
Which of the following is not a correct closing entry? A. Retained earnings
Revenues
Expenses
B. Revenues
Gain on sale of land
Expenses
Retained earnings
C. Revenues
Loss on sale of Building
Expenses
Retained earnings
D. Loss on sale of land
Expenses
Revenues
Retained earnings
A) Option A
B) Option B
C) Option C
D) Option D
Correct Answer:

Verified
Correct Answer:
Verified
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