9. Which of the following accounts would be closed with a debit? A Sales. B. Sales Returns and Allowances. C. Cost of Goods Sold. D. Operating Expenses E. Sales Discounts. 10. An income statement that includes cost of goods sold as another expense and shows only one subtotal for total expenses is a: A. Balanced income statement. B. Multiple-step income statement C. Single-step income statement D. Combined income statement E. Simplified income statement. 11. Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource management, and financial management are called: A. Cost of goods sold B. Selling expenses. C. Purchasing expenses. D. Non-operating activities E. General and administrative expenses