Which of the Following Accounts Is Not Closed Off at Year-End

question 17

Multiple Choice

Which of the following accounts is not closed off at year-end?

• A) Cost of goods sold
• B) Amortisation expense
• C) Interest revenue
• D) Accounts receivable

---

Definitions:

Skylights

Windows installed in a roof or ceiling to allow natural light to enter the space below.

Natural Light

Sunlight that is utilized in buildings and homes to reduce the need for artificial lighting and to improve the well-being of occupants.

Sustainability Initiatives

Strategies and practices aimed at promoting environmental conservation, social responsibility, and economic efficiency in business operations.

Customer Demand

The desire and requirement for products or services by end consumers, which drives the production and supply chain activities.