asked 113k views
1 vote
SOMEONE PLEASE HELP ME WITH THIS

Revenue and expense accounts are considered temporary accounts because they
A. are used only once in a while.
B. are closed out periodically.
C. represent the asset and liability accounts.
D. are used when preparing the balance sheet.

asked
User B B
by
8.6k points

1 Answer

0 votes
B. Because they are closed out periodically. Hopes this helps!! :)
answered
User Hrodger
by
7.5k points
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