menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 11
  4. Exam
    Exam 3: Accrual Accounting Income
  5. Question
    Accounts That Relate to a Limited Period of Time Are
Solved

Accounts That Relate to a Limited Period of Time Are

Question 165

Question 165

Multiple Choice

Accounts that relate to a limited period of time are called:


A) asset and liability accounts.
B) permanent accounts.
C) real accounts.
D) temporary accounts.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q160: Why is the income statement prepared first

Q161: The basic defect of cash-basis accounting is

Q162: Sendik's Food Store has the following Adjusted

Q163: A company started the year with $200

Q164: Closing entries:<br>A)are made at the beginning of

Q166: The adjustment for an accrued revenue:<br>A)is necessary

Q167: The adjustments columns of the Trial Balance

Q168: On October 1,McReady Company paid six months'

Q169: In an unadjusted trial balance,the accounts are

Q170: All of the following accounts are closed

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines