Which of the Following Accounts Will Have an Ending Balance

question 42

Multiple Choice

Which of the following accounts will have an ending balance after the closing process is completed?

• A) Dividends
• B) Rent Expense
• C) Accumulated Depreciation
• D) Service Revenue

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Definitions:

Methodical

Characterized by systematic procedures or a well-organized approach to achieve a task or objective.

Inhalant Abuse

The intentional inhaling of chemical vapors or gases to achieve a psychoactive, or mind-altering, effect.

Inhalant-Induced Anxiety Disorder

Anxiety or panic attacks triggered by the abuse of inhalable substances, leading to significant distress or impairment.

Withdrawal

The process or symptoms that occur when stopping or reducing the intake of addictive substances.