Which of the Following Accounts Will Have an Ending Balance

question 43

Multiple Choice

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

• A) Owner, Withdrawals
• B) Rent Expense
• C) Accumulated Depreciation
• D) Service Revenue

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Definitions:

Employed Women

Women who are actively engaged in the workforce and receive payment for their labor or services.

Grandparents

The parents of one's mother or father, who can play significant roles in family structure and child rearing, offering emotional and practical support.

Educating Children

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits in young individuals.

Colonial Children

Refers to children living during the colonial period, emphasizing their roles, experiences, and the specific challenges they faced within that historical context.