After the Closing Entries Are Journalized and Posted,which of the Following

question 96

Multiple Choice

After the closing entries are journalized and posted,which of the following accounts would NOT have a balance?

• A) Cash
• B) Office Supplies
• C) Accounts Payable
• D) Service Revenue

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Definitions:

Unit Of Measure

The standard dimension, quantity, or capacity by which the magnitude of an object or phenomenon is determined.

Conceptual Phase

The initial stage of a project or product development where ideas are generated, explored, and evaluated.

Duration

The total time taken to complete a task, project, or event from its start to its finish.

Predecessor-Successor Relationships

A concept in project management that describes the sequence in which tasks must be performed in a project, with each task depending on the completion of its predecessor.