Which types of accounts are closed at the end of an accounting period? a. real accounts only

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Which types of accounts are closed at the end of an accounting period?

a. real accounts only

b. nominal accounts only

c. both real and nominal accounts

d. Neither real nor nominal accounts are closed.

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Financial Accounting The Impact On Decision Makers

ISBN: 9780324655230

6th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jun 05, 2024 01:04 AM

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Which types of accounts are closed at the end of an accounting period? a. real accounts only

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Financial Accounting The Impact On Decision Makers

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