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Which of the following accounts would not be part of a closing entry? a
Which of the following accounts would not be part of a closing entry? a. Service Revenue ?c. Utilities Expense b. Accounts Receivable?d. Dividends
Expert Solution
Service Revenues, Utility Expenses or Dividends are part of Closing entries while Accounts receivables is not a part of closing entry.
The correct option is B "Accounts Receivables".
Closing Entries are as follows:
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