ACC101_-_FE_-_SU_2023_493.webp
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ACC101_-_FE_-_SU_2023_493.webp

(Choose 1 answer)
(1697)
The Income Summary account is
A. Temporary account that needs to be closed at the end of accounting period.
B.Permanent account that needs to be closed at the end of accounting period.
C. Temporary account that needs not to be closed at the end of accounting period.
D. Permanent account that needs not to be closed at the end of accounting period.
E. It depends on business

Exit 20

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