Which One of the Following Accounts Would Not Be Closed

question 11

Multiple Choice

Which one of the following accounts would not be closed at the end of the accounting year?

• A)Utilities expense.
• B)Sales revenue.
• C)Prepaid rent.
• D)Wages expense.

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Definitions:

Anti-globalization Movement

A social movement that opposes the global integration of economies, arguing that it increases inequality within and between nations and threatens environmental and cultural diversity.

Union Activists

Individuals actively involved in promoting and defending the rights and interests of workers through labor unions.

Transnational Corporations

Large companies that operate and have assets in more than one country, exerting significant economic and political influence globally.

Imperialism

A policy or practice by which a country extends its power and influence through colonization, military force, or other means.