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Given independent random variables with means and standard deviations as shown,find the mean and standard deviation of the variable 3X - Y.Round to two decimal places if necessary.
Nominal Accounts
Accounts that are closed at the end of each accounting period, including revenue, expense, and withdrawal accounts.
Temporary Accounts
Accounts used to track transactions in a single accounting period, which are closed and transferred to permanent accounts at the end of the period.
Income Summary
An account used in the closing process that summarizes the revenue and expenses of an accounting period to determine the net income or loss.
Capital Account
An account showing the net worth of a business at a specific point, calculated as assets minus liabilities and preferred stock.
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