The Final Closing Entry to Be Journalized Is Typically the Entry

question 4

Multiple Choice

The final closing entry to be journalized is typically the entry that closes the

• A)revenue accounts.
• B)Dividends account.
• C)Retained Earnings account.
• D)expense accounts.

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Definitions:

Property, Plant

Part of Property, Plant, and Equipment (PP&E), these are tangible assets used in a company's operations expected to last more than one fiscal year.