after the closing entries are posted to the ledger, each expense account will have: multiple choice a debit…
after the closing entries are posted to the ledger, each expense account will have: multiple choice a debit balance. a credit balance. a negative balance. a zero balance.
Answer
Brief Explanations:
Closing entries transfer the balances of temporary accounts like expense accounts to the income - summary account at the end of an accounting period. This process zeros out the expense accounts.
Answer:
D. a zero balance