Which of the Following Accounts Is Not Closed Off at Year-End

question 23

Multiple Choice

Which of the following accounts is not closed off at year-end?

• A) Cost of goods sold
• B) Depreciation expense
• C) Sales revenue
• D) Accounts receivable

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Definitions:

Language Development

The method through which young children learn to comprehend and express language in their early years.

Productive Language

Language individuals can produce for themselves.

Intelligence

The ability to learn, understand, and make judgments or have opinions that are based on reason.

Processing Speed

The rate at which an individual can complete mental tasks and interpret information, affecting cognitive functions.