Solved

Which One of the Following Accounts Is Not Closed at the End

Question 1

Multiple Choice

Which one of the following accounts is not closed at the end of an accounting period?

A) Retained Earnings account
B) Dividends account
C) Service Revenue account
D) Insurance Expense account

Related Questions

Q2: Tawdry Company debited Prepaid Insurance for $900

Q3: An increase in a revenue:<br>A) decreases net

Q4: The primary accounting standard-setting body in the

Q5: Gross profit is calculated by<br>A) subtracting total

Q6: The purpose of recording depreciation on a

Q7: A corporation with total stockholders' equity of

Q8: Posting is the process of:<br>A) preparing a

Q9: The revenue recognition principle dictates that revenue

Q10: The left side of an account is