Revenue and expense accounts at the beginning and end of the accounting period should have...
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Accounting
Revenue and expense accounts at the beginning and end of the accounting period should have which of the following? Question options: A balance of zero Balances of cumulative amounts of activity during the period A net balance credits minus debits equal to the balance of the Retained Earnings account A net balance equal to assets minus liabilities None of the above
Revenue and expense accounts at the beginning and end of the accounting period should have which of the following?
Question options:
A balance of zero
Balances of cumulative amounts of activity during the period
A net balance credits minus debits equal to the balance of the Retained Earnings account
A net balance equal to assets minus liabilities
None of the above
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