34. which of the following types of accounts are not closed at the end of the accounting year? select…

34. which of the following types of accounts are not closed at the end of the accounting year? select... expenses receivables revenues ts balance carried forward to the next

34. which of the following types of accounts are not closed at the end of the accounting year? select... expenses receivables revenues ts balance carried forward to the next

Answer

Brief Explanations:

Temporary accounts like expenses and revenues are closed at the end of the accounting - year to transfer their balances to the income summary account. Permanent accounts, such as receivables (asset accounts), are not closed. Their balances are carried forward to the next accounting period.

Answer:

Receivables