Which of the following is an example of a temporary account?
A)Accumulated depreciation
B)Retained earnings
C)Unearned revenues
D)Dividends declared

Name: Which of the following is an example of a temporary account? A)Accumulated depreciation B)Retained earnings C)Unearned revenues D)Dividends declared
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Question

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Temporary accounts are closed at the end of each accounting period. Dividends declared is a temporary account because it is closed to retained earnings at the end of the period.

Which of the Following Is an Example of a Temporary