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Please help! Thanks! EA 1. LO 5.1 Identify whether each of the following accounts is nominal/temporary or real/ permanent. A. Accounts Receivable B. Fees Earned
Please help! Thanks!
EA 1. LO 5.1 Identify whether each of the following accounts is nominal/temporary or real/ permanent. A. Accounts Receivable B. Fees Earned Revenue C. Utility Expense D. Prepaid Rent EA 2. LO 5.1 For each of the following accounts, identify whether it is nominal/temporary or real/permanent, and whether it is reported on the Balance Sheet or the Income Statement. A. Interest Expense B. Buildings C. Interest Payable D. Unearned Rent Revenue Step by Step Solution
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