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This Is Kululu's Year-End Trial Balance How Many of the Above Are Temporary Accounts?
A)One
B)Two

question 7

Multiple Choice

This is Kululu's year-end trial balance: $ Cash 50 Sales Revenue 80 Accounts Payable 30 Equity 70 Interest Expense 60 Interest Receivable 50 Interest Revenue 40\begin{array} { l c } & \$ \\\text { Cash } & 50 \\\text { Sales Revenue } & 80 \\\text { Accounts Payable } & 30 \\\text { Equity } & 70 \\\text { Interest Expense } & 60 \\\text { Interest Receivable } & 50 \\\text { Interest Revenue } & 40\end{array} How many of the above are temporary accounts?


Definitions:

Sustainability Reporting

The practice of disclosing information regarding a company's environmental, social, and governance (ESG) practices and performance to stakeholders.

Sustainability Efforts

Initiatives and practices aimed at preserving environmental resources and ensuring the long-term viability of processes or operations.

CSR Activities

Corporate Social Responsibility activities are actions taken by businesses to improve society and contribute positively to the community and environment.

Future Generations

Individuals who will live in the succeeding periods, whose interests are considered in long-term planning and sustainability efforts.

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