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  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Analyzing Business Transactions Using T Accounts
  5. Question
    An Account Whose Balance Is Transferred to Another Account at the End
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An Account Whose Balance Is Transferred to Another Account at the End

Question 5

Question 5

True/False

An account whose balance is transferred to another account at the end of an accounting period is a temporary account.

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