Multiple Choice
Which of the following accounts would not be closed at the end of an accounting cycle?
A) Common Stock
B) Revenue
C) Dividends
D) Salaries Expense
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: What type of account is Salaries Payable?
Q27: A transaction that increases cash and increases
Q28: What type of account is Prepaid Rent?
Q29: ABC Company experienced an accounting event that
Q32: What effect does the collection of accounts
Q33: The effects of Blank Company's transactions occurring
Q34: Gates Co.provided services on account for customers.
Q34: The collection of an account receivable is
Q40: The matching concept leads accountants to select
Q53: Cash-basis accounting often fails to match expenses