accounting

After the closing entries are posted to the ledger, each revenue account will have a zero balance: a. a zero balance, b. a debit balance, c. a credit balance, or d. either a debit or a credit balance.

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  2. 👎 0
  3. 👁 438
  1. a. a zero balance

    explanation: income statement accounts (revenues and expenses) are temporary accounts and therefore once these accounts are closed, the balance are zero.

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    2. 👎 0

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