Problem V: Using a checkmark (v ), indicate whether each of the following accounts should be closed at the end of the account period. In addition, if it should be closed, indicate whether its account balance should be debited or credited in the closing entry. The first two have been done as examples. Closed Not Closed Close this account's Close this account's balance by debiting it. balance by crediting it. Interest Revenue Accounts Receivable a. Supplies b. Supplies Expense C. Depreciation Expense d. Accumulated Depreciation e. Deferred Revenue f. Service Revenue g. Prepaid Insurance h. Insurance Expense i. Note Payable j. Interest Expense k. Interest Payable 1. Dividends