Which of the following accounts would be closed at the end of the accounting period with a debit?
A) Operating Expenses.
B) Cost of Goods Sold.
C) Sales Returns and Allowances.
D) Sales.
E) Sales Discounts.

Question

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The Answer of Which of the following accounts would be closed at the end of the accounting period with a debit?
A) Operating Expenses.
B) Cost of Goods Sold.
C) Sales Returns and Allowances.
D) Sales.
E) Sales Discounts.

Which of the Following Accounts Would Be Closed at the End