For the current year,the Sales Revenue account of Hamilton,Inc.has a credit balance of $532,440 at year-end.After the closing entries have been posted,the account will:
A) have a debit balance of $532,440.
B) have a zero balance.
C) still have a credit balance of $532,440.
D) be removed entirely from the general ledger.
Correct Answer:
Verified
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