The distinguishing feature of a temporary account is that any balance in the account at the end of an accounting period is:

Name: The distinguishing feature of a temporary account is that any balance in the account at the end of an accounting period is:
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Temporary accounts are closed at the end of the accounting period, and their balances are transferred to permanent accounts in the stockholders' equity section, such as the Retained Earnings account, to prepare the accounts for the next period.

The Distinguishing Feature of a Temporary Account Is That Any