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The Owner,Capital Account Is a Temporary Account

question 31

True/False

The Owner,Capital account is a temporary account.


Definitions:

Kyocera

A multinational corporation based in Japan, specializing in ceramic and electronic products.

Last Dividend

The most recent distribution of profits made by a corporation to its shareholders.

Indefinitely

For an unlimited or unspecified period of time, lacking a definite end.

Recently Declared

Refers to a statement, dividend, or decision that has been announced or made public by a company or governing body in the near past.

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