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Listed Below Are a Number of Accounts

question 48

Essay

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.
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:

Self-aware Person

An individual who is conscious of their own character, feelings, motives, and desires.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Naturalist Intelligence

The ability to recognize, categorize, and draw upon certain features of the environment, as proposed in Howard Gardner's theory of multiple intelligences.

Emotional Mind

A powerful, impulsive, sometimes illogical awareness; an ability to perceive emotions.

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