Multiple Choice
Bad Debt Expense is a:
A) permanent account so its balance carries forward to the next accounting period.
B) permanent account so its balance is closed (zeroed out) at the end of the accounting period.
C) temporary account so its balance is closed (zeroed out) at the end of the accounting period.
D) temporary account so its balance carries forward to the next accounting period.
Correct Answer:
Verified
Correct Answer:
Verified
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