Which of the Following Accounts Is Closed at the End

question 27

Multiple Choice

Which of the following accounts is closed at the end of the year but does not enter the calculation of profit?

• A)Interest receivable
• B)Dividends declared
• C)Depreciation expense
• D)Salaries payable

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Definitions:

Syringes

Medical devices used to inject or withdraw fluids, consisting of a needle attached to a hollow cylinder fitted with a sliding plunger.

Lubricating Gel

A substance applied to reduce friction between moving surfaces or parts, or in medical contexts, to facilitate the insertion of instruments or devices.

Fax Machine

An electronic device used to send and receive documents over a telephone line by converting them into electronic signals.

Protected Health Information

Any information in a medical record or related to health status, provision of health care, or payment for health care that can be linked to an individual.