Which of the Following Accounts Will NOT Be Involved in Closing

question 90

Multiple Choice

Which of the following accounts will NOT be involved in closing entries?

• A)Prepaid Insurance.
• B)Service Revenue.
• C)Utilities Expense.

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Definitions:

Support Group

A gathering of individuals who share common experiences or challenges and come together to provide mutual assistance and encouragement.

Values-Clarification Group

A type of group therapy or educational setting where participants explore and share their values to better understand themselves and others.

Encounter Group

A meeting format aimed at increasing participants' awareness of their own and others' feelings and behaviors through direct, personal interaction.

Gay-Pride Group

An organization or community focused on promoting self-affirmation, dignity, and equal rights for gay individuals.