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dianepierce1
Nov 6, 2008, 03:47 PM
Which accounts will not close to the Retained Earning account at the end of the account period? Accumulation Depreciation, Depreciation Expense, Service Revenue or Dividends?
pready
Nov 6, 2008, 05:29 PM
Balance Sheet accounts will not close to the retained earnings at the end of an accounting period.

Only Income Statement accounts will close to retained Earnings at the end of the accounting period.