48.2k views
5 votes
Temporary accounts include assets, expenses, and the owner's drawing account.T/F

User Sujin
by
8.4k points

1 Answer

2 votes

Answer:

False. Temporary accounts include assets, liabilities, revenues, expenses, and owner's equity. The owner's drawing account is not considered a temporary account.

Step-by-step explanation:

User Matthew Dalton
by
9.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories