Which of the Following Accounts Should Be Closed to Retained

question 66

Multiple Choice

Which of the following accounts should be closed to Retained Earnings at the end of the fiscal year?

• A)Service Revenue
• B)Equipment
• C)Prepaid Insurance
• D)Unearned Rent

---

Definitions:

Uterus

A major female hormone-responsive reproductive sex organ of most mammals, including humans, responsible for housing and nurturing the fetus.

Myosarcoma

A malignant tumor derived from muscle tissue, often aggressive and requiring early treatment.

Choriocarcinoma

A fast-growing cancer that occurs in a woman's uterus (the womb), typically following a pregnancy or abortion and originates from cells that would have become the placenta.

Malignant

Describes cells or tumors that are cancerous and can spread to other parts of the body.