Which of the following types of accounts is not closed at the end of an accounting cycle?
A)Revenues
B)Retained earnings
C)Dividends
D)Expenses

Name: Which of the following types of accounts is not closed at the end of an accounting cycle? A)Revenues B)Retained earnings C)Dividends D)Expenses
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Question

Quizplus · Accepted Answer

Revenues,expenses and dividends are closed to retained earnings at the end of an accounting cycle.Retained earnings is a permanent account that is reported on the balance sheet.

Which of the Following Types of Accounts Is Not Closed