The answer is: B) False
Revenue accounts, like most other accounts in the accounting system, track the flow of transactions over time. While it’s true that most revenue accounts will have a zero balance at the start of a new accounting period if they are closed at the end of the previous period (as part of the closing process), this is not universally true.
For example, if a business operates on a cash basis, it may carry forward some revenue that has been earned but not yet received in cash. Furthermore, if a revenue account has outstanding receivables, it would not start with a zero balance.
Thus, it’s important to consider the specific policies your business follows regarding revenue recognition, as they can affect the starting balance of your revenue accounts in a new accounting period.