Examlex
Which one of the following accounts would NOT have a balance after closing entries?
Investors
Individuals or institutions that allocate capital with the expectation of receiving financial returns, typically through investments in securities, real estate, or other assets.
Going Public
The process by which a privately held company offers shares to the public in a new stock issuance, making it a publicly traded and owned entity.
Private Placements
A method of raising capital through the sale of securities to a relatively small number of select investors as opposed to a public offering.
Venture Capital
Financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
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