Why are revenue and expense accounts called temporary? Can you identify and list any other temporary accounts?

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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Question Posted: May 10, 2024 07:01 AM

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Why are revenue and expense accounts called temporary? Can you identify and list any other temporary accounts?

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Revenue and gain and expense and los...View the full answer

College Accounting Ch 1-14

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