An Account Whose Balance Is Transferred to Another Account at the End

question 5

True/False

An account whose balance is transferred to another account at the end of an accounting period is a temporary account.

---

Definitions:

Gamete Formation

The process by which gametes, or sex cells, are produced, involving meiosis, resulting in cells with half the original number of chromosomes.

Mitosis

A process of cell division in eukaryotic cells that results in two genetically identical daughter cells from a single parent cell.

Sperm

A male reproductive cell or gamete that can fertilize an egg cell.

Eggs

The female reproductive cells in animals and plants; in animals, often enclosed in a protective shell.