Which of the following accounts will NOT be involved in closing entries?
A) Prepaid Insurance.
B) Service Revenue.
C) Utilities Expense.
D) Retained Earnings.
Answer: A
A) Prepaid Insurance.
B) Service Revenue.
C) Utilities Expense.
D) Retained Earnings.
Answer: A
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.