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20. Which of the following accounts is not closed out at the end of each year? 05. (5 Points) a. Accumulated Depreciation b. Depreciation Expense

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20. Which of the following accounts is not closed out at the end of each year? 05. (5 Points) a. Accumulated Depreciation b. Depreciation Expense c. Dividends d. Interest Revenue 19. The entry to close Management Fees Revenue would be us (5 Points) a. Managem ees Revenue does not need to be dosed out. b. Dr. Retained Earnings Cr. Management Fees Revenue c. Dr. Management Fees Revenue Cr. Retained Earnings d. Dr. Management Fees Revenue Cr. Service Revenue

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