Which of the Following Categories of Accounts Are Temporary Accounts

question 82

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 Dividends
• B)revenues,expenses and Dividends
• C)assets,liabilities and Stockholders' Equity
• D)revenues,expenses and Stockholders' Equity

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Definitions:

Parrots

Highly intelligent birds known for their vivid colors and ability to mimic sounds, including human speech.

Crabs

Crustaceans with a broad, flat body covered by a hard shell, two stalked eyes, and five pairs of legs, the first pair often modified into pincers.

Handedness

The preference of using one hand over the other for performing tasks; this can be right-handedness, left-handedness, or ambidexterity.

Left-handed

A characteristic of individuals who primarily use their left hand for tasks such as writing and handling tools, often associated with differences in brain structure and function.