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Which statement is Not true about Nominal accounts? Question 2 options: A ) Closed at the end of each accounting period and the balance is
Which statement is Not true about Nominal accounts?
Question options:
A
Closed at the end of each accounting period and the balance is brought to
B
Includes revenue and expense accounts
C
Includes assets, liabilities and net worth accounts
D
The activity of nominal accounts is found on the income statement
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