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    Intermediate Accounting Study Set 5
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    Exam 2: A Review of the Accounting Cycle
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    An Example of a Nominal Account Would Be
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An Example of a Nominal Account Would Be

Question 83

Question 83

Multiple Choice

An example of a nominal account would be


A) Allowance for Doubtful Accounts.
B) Notes Payable.
C) Prepaid Expense.
D) Cost of Goods Sold.

Correct Answer:

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