Which of the following account balances would not be affected by closing journal entries?


Interest expense.
Accumulated depreciation.
Dividends.
Retained earnings.

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Quote:

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Originally Posted by jhoey84

Which of the following account balances would not be affected by closing journal entries?


Interest expense.
Accumulated depreciation.
Dividends.
Retained earnings.

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In fact they all would, excepting dividends, which are determined after determination of profit