Use the Following End-Of-Period Spreadsheet to Answer the Questions That

Multiple Choice

Use the following end-of-period spreadsheet to answer the questions that follow.
​
​
​
-Use the end-of-period spreadsheet for Finley Company. The expenses would be closed by

A) debiting Wages Expense for $63,000, Rent Expense for $27,000, and Depreciation Expense for $15,000
B) debiting Expenses for $105,000
C) crediting Expenses for $105,000
D) crediting Wages Expense for $63,000, Rent Expense for $27,000, and Depreciation Expense for $15,000