To get revenue and expense account balances to zero requires a/an

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Closing entries are made at the end of an accounting period to transfer the balances of revenue and expense accounts to the retained earnings account and ultimately to bring the account balances to zero. Adjusting entries are made during the accounting period to match revenue and expenses to the period in which they were incurred, but closing entries specifically zero out revenue and expense accounts at the end of the period. Operating entries and reversing entries do not relate specifically to closing account balances.

To Get Revenue and Expense Account Balances to Zero Requires