Which of the lists below shows accounts that would be closed at the end of the fiscal period?

Question

Quizplus · Accepted Answer

Accounts that need to be closed at the end of the fiscal period include revenue accounts such as Sales, expenses accounts such as Cost of Goods Sold, and temporary accounts such as Supplies Expense and Wages Expense. Therefore, the accounts listed in option D are the accounts that would be closed at the end of the fiscal period.

Which of the Lists Below Shows Accounts That Would Be