Which of these is not a temporary account?
A) Sales revenue
B) Bank
C) Drawings
D) Cleaning expense
Correct Answer:
Verified
Q1: Closing an account means:
A) transferring the balance
Q2: Before calculating the profit for the period,
Q3: King Ltd's year-end trial balance includes
Q4: Accounting entries made at the end of
Q6: Which of these is the correct treatment
Q7: In the closing process which accounts are
Q8: Which of these is not a permanent
Q9: Accounting entries made to reduce the temporary
Q10: In which order do these steps in
Q11: Because income and expenses are accumulated for
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