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Which of the following accounts is closed as part of the financial reporting cycle? I. Unearned Service Revenue II. Retained Earnings III. Dividends -------------------------------------------- II

Which of the following accounts is closed as part of the financial reporting cycle?

I. Unearned Service Revenue

II. Retained Earnings

III. Dividends

--------------------------------------------

II only

II and III only

III only

I, II, and III

I only

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