The Following Accounts and Balances Are Taken from Martin Company's

question 170

Multiple Choice

The following accounts and balances are taken from Martin Company's adjusted trial balance: In the closing process, which accounts are credited?

• A)Accounts Payable, Prepaid Insurance
• B)Service Revenue, Interest Revenue
• C)Depreciation Expense, Insurance Expense, Salary Expense
• D)Accumulated Depreciation, Insurance Expense, Salary Expense, Dividends