The accounts that are NOT closed are:
A)Assets, Liabilities, and Revenues.
B)Assets, Liabilities, and Stockholders' Equity.
C)Assets, Liabilities, and Expenses.
D)Revenues, Expenses and Dividends.

Question

Quizplus · Accepted Answer

Assets, Liabilities, and Stockholders' Equity accounts are not closed at the end of an accounting period. Revenues, Expenses, and Dividends accounts are closed to prepare the accounts for the next accounting period.

The Accounts That Are NOT Closed Are