Revenue and expense accounts are called nominal or ____________________ accounts.
Correct Answer:
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Q23: Expense accounts are increased by _ the
Q25: Accountants use the term _ when referring
Q26: A statement prepared to test the accuracy
Q63: Separate written records called_ are kept for
Q68: A decrease in a liability is recorded
Q70: The difference between the debit and credit
Q79: A special type of owner's equity account
Q84: An entry on the right side of
Q90: Rent Revenue is increased by _ the
Q100: Another name for the profit and loss
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