Which of the Following Account Balances Would Not Be Affected

question 67

Multiple Choice

Which of the following account balances would not be affected by closing entries?

• A)Interest expense.
• B)Accumulated depreciation.
• C)Dividends.
• D)Retained earnings.

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Definitions:

Circular Reactions

Repetitive actions carried out by infants, initially by chance and then intentionally, to explore and learn about their environment.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept developed in early childhood.

Mental Symbols

Representations in the mind that stand in for objects, concepts, or actions, allowing individuals to think, remember, and solve problems.

Pretend Play

Pertains to imaginative play where children create scenarios and roles, demonstrating creativity and the ability to symbolize abstract concepts.