All of the following accounts will be closed EXCEPT for:
A: Cash.
B: Utilities Expense.
C: Service Revenue.
D: Dividends.
A: Cash.
B: Utilities Expense.
C: Service Revenue.
D: Dividends.
举一反三
- Which of the following accounts is not closed? A: Accumulated Depreciation B: Interest Revenue C: Depreciation Expense D: Dividends
- All of the following are expense accounts except: () A: Rent expense. B: Prepaid<br/>Insurance. C: Supplies<br/>expense. D: Depreciation<br/>expense.
- An attorney performs services of $1,100 for a client and receives $400 cash, with the remainder on account. The journal entry for this transaction would A: debit Cash, debit Service Revenue, credit Accounts Receivable. B: debit Cash, debit Accounts Receivable, credit Service Revenue. C: debit Cash, credit Service Revenue. D: debit Cash, credit Accounts Receivable, credit Service Revenue.
- Which of the following affects a company’s equity: A: Machine B: Service Revenue C: Accounts Receivable D: Cash
- Which of the following is not a temporary account?（ ）。 A: Expense B: Revenue C: Common Stock D: Dividends