After posting the closing entries,which of the following accounts is most likely NOT to have a zero balance?
A)Prepaid Insurance Expense
B)Advertising Expense
C)J)Smith,Withdrawals
D)Medical Fees Earned

Question

Quizplus · Accepted Answer

Prepaid Insurance Expense is an asset account, not a temporary account, so it does not get closed and may not have a zero balance after closing entries.

After Posting the Closing Entries,which of the Following Accounts Is