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    Fundamental Accounting Principles Study Set 7
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    Exam 4: Completing the Accounting Cycle and Classifying Accounts
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    Accounts That Are Used to Describe Revenues, Expenses, and Owner's
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Accounts That Are Used to Describe Revenues, Expenses, and Owner's

Question 49

Question 49

Multiple Choice

Accounts that are used to describe revenues, expenses, and owner's withdrawals, andare closed at the end of the reporting period, are:


A) Ledger accounts.
B) Closing accounts.
C) Permanent accounts.
D) Temporary accounts.
E) Real accounts.

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