Which of the Following Accounts Would Not Be Included in the Closing

question 34

Multiple Choice

Which of the following accounts would not be included in the closing process at year-end?

• A)Rent expense.
• B)Sales revenue.
• C)Additional paid-in capital.
• D)Cost of goods solD.Income statement accounts are closed.Balance sheet accounts remain open.Additional paid-in capital is a balance sheet account.

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