Identify the statement that is NOT true about the Incomes-10842
Identify the statement that is NOT true about the Incomes Account and Expenses Account:
This multiple choice question (MCQ) is related to the book/course
vu fin621 Financial Statement Analysis.
It can also be found in
vu fin621 Final Term - Quiz No.2.
Identify the statement that is NOT true about the Incomes Account and Expenses Account:
These are the temporary accounts
These are closed in Income summery account
These may included in closing trial balance
These are also known as Nominal Accounts
