Which of the Following Is a Nominal (Temporary) Account

question 127

Multiple Choice

Which of the following is a nominal (temporary) account?

• A) Unearned Service Revenue
• B) Salaries and Wages Expense
• C) Inventory
• D) Retained Earnings

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Definitions:

Hemophilia

A rare genetic disorder in which the blood doesn't clot properly due to the lack of sufficient blood-clotting proteins, leading to excessive bleeding.

Hypoxia

A condition in which the body or a region of the body is deprived of adequate oxygen supply at the tissue level.

Sideropenia

A condition characterized by reduced levels of iron in the blood, leading to iron deficiency anemia.

Hypercalcemia

A condition characterized by an abnormally high level of calcium in the blood.