Temporary Accounts Include All of the Following Except

question 140

Multiple Choice

Temporary accounts include all of the following except:

• A)Consulting revenue.
• B)Dividends.
• C)Rent expense.
• D)Prepaid rent.
• E)Income Summary.

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Definitions:

Urns

Containers, often with a narrow neck and a rounded body, traditionally used for storing ashes of the deceased, but can also refer to a decorative or functional vessel.

Sample Points

Individual items or cases from a larger population used in a statistical sample for analysis.

Sample Space

The set of all possible outcomes or results in a probability experiment.

Mutually Exclusive

A statistical term describing events that cannot happen at the same time; each occurrence is independent and prevents any other from happening concurrently.