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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Chapter
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BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

Name three types of temporary accounts.

To determine

Name three types of temporary accounts.

Explanation

Temporary accounts: The temporary accounts are closed at the end of each accounting period by transferring those account balances to permanent account using closing entries...

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