Which of the Following Accounts Is Not Closed

question 12

Multiple Choice

Which of the following accounts is not closed?

• A)Rent Expense
• B)Joan Wilson, Drawing
• C)Fees Income
• D)Cash

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Definitions:

Aggregated Inventories

Describes the total stock of goods or materials compiled from different locations or categories within a company's supply chain.

Transportation Costs

Expenses associated with the movement of products or materials from one location to another, which can include shipping, fuel, and labor costs.

Distribution

The process of moving goods from production locations to points of sale and ultimately to end consumers.

Supply Chain

The entire system of producing and delivering a product or service, from the initial sourcing of materials to the delivery to consumers.