14. closing entries A. must be journalize and posted B. are not to be needed if adjusting entries are prepared. C.need not to be journalize if adjusting entries are prepared D.need to be posted if the financial statements are prepared from the worksheet

15. which of the following accounts will not be closed to the capital account at the end of the year? A. Insurance Expense B.fees earned C.Utilies Expense D. Prepaid insurance

Please provide correct answers