Which of the Following Categories of Accounts Are Temporary Accounts

question 29

Multiple Choice

Which of the following categories of accounts are temporary accounts that are closed at the end of the year?

• A)assets,liabilities,and owner's withdrawals
• B)revenues,expenses,and owner's withdrawals
• C)assets,liabilities,and owner's equity
• D)revenues,expenses,and owner's equity

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Definitions:

Stress

A physical, mental, or emotional factor that causes tension and may trigger bodily or psychological responses.

Generalized

A term used to describe conditions or responses that are widespread or not specific to one instance or area.

Abnormal Behavior

Actions or behaviors that deviate significantly from what is considered typical or expected within a culture or society.

Psychological Problem

A mental or emotional issue that impacts a person's thinking, feeling, behavior, and ability to relate to others and function daily.