After the closing entries are posted to the ledger,each expense account will have
A) a debit balance.
B) a credit balance.
C) a negative balance.
D) a zero balance.

Name: After the closing entries are posted to the ledger,each expense account will have A) a debit balance. B) a credit balance. C) a negative balance. D) a zero balance.
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Question

Quizplus · Accepted Answer

After closing entries are posted, expense accounts are reset to zero to prepare for the next accounting period.

After the Closing Entries Are Posted to the Ledger,each Expense