ACC101_-_FA_2024_-_Block_5_-_FE_3241.webp

Kizspy | Question: 17
(Choose 1 answer)
(1843)Assets, liabilities, and equity accounts are not closed; these accounts are called:
A. Nominal accounts.
B. Temporary accounts.
C. Permanent accounts.
D. Contra accounts.
E. Accrued accounts.