Which of the following is not a temporary account?
A) Depreciation Expense-Vehicles
B) Service Revenue
C) Unearned Revenue
D) Interest Income
Correct Answer:
Verified
Q62: Closing entries are made
A)to clear revenue and
Q63: An important purpose of closing entries is
Q64: An important purpose of closing entries is
Q65: Under which circumstance would one less closing
Q66: Failure to prepare closing entries will produce
Q68: The Income Summary account is credited in
Q69: The owner's Capital,Withdrawals,and Income Summary accounts for
Q70: Closing entries ultimately will affect
A)total liabilities.
B)the Cash
Q71: Which of the following accounts is not
Q72: Which of the following could not possibly
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