Multiple Choice
After all closing entries have been posted, the revenue account will have a balance of
A) $0.
B) $70,000 credit.
C) $70,000 debit.
D) $3,500 credit.
Correct Answer:
Verified
Related Questions
After all closing entries have been posted, the revenue account will have a balance of
A) $0.
B) $70,000 credit.
C) $70,000 debit.
D) $3,500 credit.
Correct Answer:
Verified