Which of the Following Account Balances Would Not Be Closed

question 17

Multiple Choice

Which of the following account balances would not be closed at year-end by debiting the account?

• A) Interest revenue.
• B) Gain on sale of building.
• C)Sales revenues.
• D)Unearned revenues.

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Definitions:

Violent

Characterized by the use of physical force intended to hurt, damage, or kill someone or something.

White Locals

A term that could refer to the resident population of a specific area that identifies as white, often mentioned in discussions about racial demographics and social dynamics.

Integration

The process of combining or incorporating different groups, such as racial or ethnic minorities, into mainstream society to achieve equal opportunities and rights.

Freedom Rides

Bus journeys challenging racial segregation in the South in 1961.