Which of the Following Groups of Accounts Will Have Zero

question 28

Multiple Choice

Which of the following groups of accounts will have zero balances after the closing process is completed?

• A)Depreciation Expense and Accumulated Depreciation-Equipment
• B)Allowance for Doubtful Accounts and Uncollectible Accounts Expense
• C)Purchases and Purchases Returns and Allowances
• D)Merchandise Inventory and Sales

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