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This Is Kululu's Year-End Trial Balance How Many of the Above Are Temporary Accounts?
A)One
B)Two

Question 7

Multiple Choice

This is Kululu's year-end trial balance: $ Cash 50 Sales Revenue 80 Accounts Payable 30 Equity 70 Interest Expense 60 Interest Receivable 50 Interest Revenue 40\begin{array} { l c } & \$ \\\text { Cash } & 50 \\\text { Sales Revenue } & 80 \\\text { Accounts Payable } & 30 \\\text { Equity } & 70 \\\text { Interest Expense } & 60 \\\text { Interest Receivable } & 50 \\\text { Interest Revenue } & 40\end{array} How many of the above are temporary accounts?


A) One
B) Two
C) Three
D) Four

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