A company had revenues of $63,000 and expenses of $47,750 for the accounting period. Dividends of $6,950 were paid in cash during the same period. Which of the following entries could not be a closing entry? A company had revenues of $63,000 and expenses of $47,750 for the accounting period. Dividends of $6,950 were paid in cash during the same period. Which of the following entries could not be a closing entry