Multiple Choice
Which of the following account(s) would remain open after closing entries?
A) Accounts Payable
B) Equipment
C) Owner's capital
D) All of the answers listed
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q93: How would the company's books be affected
Q94: Match the terms that follow with the
Q95: Yellow Co. makes a sale to a
Q96: The December 31 year-end ledger balances for
Q97: Which of the following can be prepared
Q99: The post-closing trial balance contains only asset,
Q100: The Income Summary account has a debit
Q101: Match the correct definitions below with the
Q102: Classify the following accounts as real (permanent)
Q103: The last step in the accounting cycle