Accounts that relate to a limited period of time are called:

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Temporary accounts are those that are related to a limited period of time, such as revenue, expenses, and dividends. These accounts are closed at the end of each accounting period and their balances are transferred to the retained earnings account. Asset and liability accounts, on the other hand, are permanent accounts that carry over from one period to the next. Real accounts are also permanent accounts that track the balances of assets, liabilities, and equity. Therefore, the best choice is D) temporary accounts.

Accounts That Relate to a Limited Period of Time Are