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  3. Study Set
    College Accounting A Career Approach Study Set 1
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    Exam 12: Financial Statements, Closing Entries, and Reversing Entries
  5. Question
    Which of the Following Accounts Is Debited in the Closing
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Which of the Following Accounts Is Debited in the Closing

Question 96

Question 96

Multiple Choice

Which of the following accounts is debited in the closing entries?


A) Sales
B) Unearned Subscriptions
C) Sales Returns and Allowances
D) Sales Discounts
E) Insurance Expense

Correct Answer:

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