Listed below are a number of accounts.Use the table below to classify each account.Indicate whether it is a temporary or permanent account,whether it is included in the Income Statement or Balance Sheet and if it is closed at the end of the accounting period and,if so,how it is closed.The first one is done as an example.
Definitions:
Terminate
To terminate means to bring something to an end or to conclude.
Advance Career
Actions or steps taken to progress professionally in one's job or occupation, aiming for higher positions, increased responsibility, or specialized knowledge.
Employed
Employed refers to an individual who works part-time or full-time under a contract of employment, whether oral or written, express or implied, and has recognized rights and duties.
Networking
Making contacts with relatives, friends, and acquaintances who may have information about how to find a job in your field.
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