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Required a. Identify which of the following accounts are temporary (will be closed to Retained Earnings at the end of the year) and which are

Required a. Identify which of the following accounts are temporary (will be closed to Retained Earnings at the end of the year) and which are permanent Account Classification (1) lOther operating expenses (2) Utilities expense (3) Retained earnings (4) Salaries expense (5) Land (6) Dividends (7) Service revenue (8) Cash (9) Salaries payable (10) Common stock Temporary Permanent

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