Question Content Area

From the following list, identify accounts that will be closed at the end of the fiscal period.

Account Answer

a$.$ Advertising Expense

b$.$ Cash

c$.$ Accounts Receivable

d$.$ Salaries Expense

e$.$ Cost of Goods Sold

f$.$ Dividends

g$.$ Accumulated Depreciation$-$Building

h$.$ Interest Expense

i$.$ Sales Tax Payable