Which of the following accounts will still show a balance after the closing process is completed?
A)Service revenue account
B)Expense accounts
C)Accumulated depreciation account
D)Drawings account

Question

Quizplus · Accepted Answer

The accumulated depreciation account will still show a balance after the closing process since it is a contra asset account that is not closed out at the end of the accounting period.

Which of the Following Accounts Will Still Show a Balance