题目内容（请给出正确答案）

[主观题]

The revenue, expense, and drawing accounts are ______ used in classifying and summarizing

changes in capital during the accounting period.

A．temporary accounts

B．permanent accounts

C．income summary

D．terminal accounts

提问人：网友hf041018028 发布时间：2022-01-07

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更多“The revenue, expense, and draw…”相关的问题

第1题

Company ABC performed well in year 2019 and made a large amount of net income. On December 31, 2019, the company used the income summary account to close the revenue and expense accounts. Which of the

A．After the revenue and expenses accounts were closed,there was a zero balance in the Income summary account．

B．After the revenue and expense accounts were closed,there was a credit balance in the Income summary account．

C．The balance of the Income summary account can be debit or credit depending on the company’s accounting policy．

D．After the revenue and expense accounts were closed,there was a debit balance in the Income summary account．

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第2题

A revenue account normally has a debit balance.

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第3题

Crediting an expense account decreases it.

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第4题

Accounts are normally decreased by debits.

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第5题

The owner's withdrawal account normally has a credit balance since it is an equity account.

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第6题

Posting is the transfer of journal entry information to the ledger.

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第7题

The journal is known as a book of original entry.

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第8题

The journal is known as the book of final entry because financial statements are prepared from it.

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第9题

A journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.

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