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Listed below are a number of accounts. Use the table below to classify each account. Indicate whether it is a temporary or permanent account, whether

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Listed below are a number of accounts. Use the table below to classify each account. Indicate whether it is a temporary or permanent account, whether it is included in the Income Statement or Statement of financial position, and if it is closed at the end of the accounting period, and, if so, how it is closed. The first one is done as an example. Permanent (P) Income or Statement (IS) Temporary CT) for statement of Financial Position (SFP) Closed ( Closed or with a Not Debit (Dr) or Credit Closed (Cr) (NC) P SFP TNC Account Accounts receivable.....T Accumulated depreciation- Equipment Advertising expense.... Cash........ ....... Uncamned revenues........ Depreciation expense Equipment Owner, Withdrawals..... Equipment........ Insurance expense Interest expense. Miscellaneous expense. Notes payable............... Office supplies. ........ office supplies expense. Prepaid insurance.......... Rent expense.............. Owner. Capital......... Salaries expense........... Salaries payable........ Revenue

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