Multiple Choice
Which of the following account balances would not be affected by closing entries?
A) Interest expense.
B) Accumulated depreciation.
C) Dividends.
D) Retained earnings.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: Which is the correct sequence of the
Q50: At the end of the accounting period,the
Q65: On July 1, 2016, Goode Company borrowed
Q68: Which of the following transactions and events
Q69: On January 1, 2016, the balance in
Q70: On November 1, 2016, Bug Busters collected
Q71: At December 31, 2016, the following adjusting
Q94: Which of the following transactions does not
Q105: Which of the following correctly describes the
Q128: Describe the adjusted trial balance.