From the list of accounts, determine whether the account is a temporary or permanent account. (Choices may be used more than once.)
-depreciation expense

Name: From the list of accounts, determine whether the account is a temporary or permanent account. (Choices may be used more than once.) -depreciation expense
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Depreciation expense is a temporary account because it relates to a specific accounting period and is closed to the income summary at the end of that period.

From the List of Accounts, Determine Whether the Account Is