Which of the Following Are Nominal Accounts

question 36

Multiple Choice

Which of the following are nominal accounts?

• A) Merchandise Inventory
• B) Capital
• C) Expenses
• D) Cash

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Definitions:

Nuclear Power

The use of sustained nuclear fission to generate heat and electricity.

Moral Development

The process through which individuals learn what society considers right and wrong, influencing their behavior, attitudes, and beliefs.

Preconventional

The first level in Kohlberg's stages of moral development, where behavior is guided by consequences and external rewards or punishments.

Recreational Drugs

Substances taken for pleasure rather than for medical reasons; often associated with altering one's mood, perception, or consciousness.