Which of the following accounts are closed at the end of the accounting period? a. Accounts Payable

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Which of the following accounts are closed at the end of the accounting period?

a. Accounts Payable

b. Unearned Revenue

c. Cash

d. Accounts Receivable

e. Service Revenue

f. Advertising Expense

g. Dividends

h. Retained Earnings

i. Utilities Expense

j. Salaries Payable

k. Land

l. Operating Expenses

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Survey Of Accounting

ISBN: 9780077503956

1st Edition

Authors: Thomas Edmonds, Philip Olds, Frances McNair, Bor-Yi Tsay

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Question Posted: May 12, 2024 04:01 AM

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Which of the following accounts are closed at the end of the accounting period? a. Accounts Payable

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At the end of the accounting period temporary accounts are closed meaning their balance...View the full answer

Survey Of Accounting

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