All of the following accounts are temporary accounts except ________.
A) Gain on Sale of Equipment
B) Sales Revenue
C) Dividends Payable
D) Interest Expense

Name: All of the following accounts are temporary accounts except ________. A) Gain on Sale of Equipment B) Sales Revenue C) Dividends Payable D) Interest Expense
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Question

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Dividends Payable is a liability account and is considered a permanent account, while the others are temporary accounts that are closed at the end of the accounting period.

All of the Following Accounts Are Temporary Accounts Except ________