Which of the Following Accounts Would Be Closed with a Debit

question 135

Multiple Choice

Which of the following accounts would be closed with a debit?

• A) Sales Discounts.
• B) Sales Returns and Allowances.
• C) Cost of Goods Sold.
• D) Operating Expenses.
• E) Sales.

---

Definitions:

Variability

The degree to which values in a dataset or statistical distribution vary from the mean or average value.

Scores

Quantitative values assigned or obtained in an assessment or test, representing the performance or achievement.

Inclusive Range

The difference between the highest and lowest values in a dataset, including both of those values.

Formula

A mathematical expression or rule expressed in symbols, representing the relationship between variables.