5. LO 5.1 Which of these account types (Assets, Liabilities, Equity, Revenue, Expense, Page 1 of 11 OpenStax Principles of Accounting, Volume 1: Financial Accounting Chapter 5: Completing the Accounting Cycle Dividend) are credited in the closing entries? Why?

5. LOS.1 Which of these account types (Assets, Liabilities, Equity, Revenue, Expense, Page 1 of 11 OpenStax Principles of Accounting, Volume 1: Financial Accounting Chapter 5: Completing the Accounting Cycle Dividend) are credited in the closing entries? Why