Identify the Accounts Below That Are ALL Classified as Temporary

question 14

Multiple Choice

Identify the accounts below that are ALL classified as temporary accounts.

• A)Wages Expense, Accumulated Depreciation, Fees Income
• B)Owner's Drawing, Owner's Capital, Income Summary
• C)Owner's Drawing, Depreciation Expense, Income Summary
• D)Accounts Receivable, Depreciation Expense, Fees Income

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Definitions:

Computer Networks

Interconnected digital devices that communicate with each other over a network to exchange data and share resources.

Agenda

A list or program of items to be discussed or accomplished at a meeting or event.

Instructions

A set of orders or directives given to a computer or device, outlining how to execute a particular operation or process.

Computer

An electronic device that manipulates information or data, capable of performing a sequence of operations under program control.