Which of the following groups of accounts will have zero balances after the closing process is completed?5 (Points : 5)
Allowance for Doubtful Accounts and Uncollectible Accounts Expense
... Purchases and Purchases Returns and Allowances
Merchandise Inventory and Sales
Depreciation Expense and Accumulated Depreciation - Equipment
The answer is "Purchases and Purchases Returns and Allowances"
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