EXAMPLE. Beside the Cash account name, you would select "NA - this account is no whereas, beside the "Sales Revenue" account name, you would select "Debit this account or is balance". Account Name: note receivable interest receivable inventory sypplies Closing Entry Treatment NA-this account is not closed Debit this account for its balance and credit Retained Earnings Credit this account for its balance and debit Retained Earnings ONA-this account is not closed Debit this account for its balance and credit Retained Earnings Credit this account for its balance and debit Retained Earnings ONA-this account is not closed Debit this account for its balance and credit Retained Earnings Credit this account for its balance and debit Retained Earnings