TRUE OR FALSE An account is increased by an entry on the side of its normal balance and deceased by an entry on the opposite side of its normal balance. Balances under these accounts are forwarded to...


TRUE OR FALSE



  1. An account is increased by an entry on the side of its normal balance and deceased by an entry on the opposite side of its normal balance.




  1. Balances under these accounts are forwarded to the next accounting period as beginning balances


A. permanent


B. currentcurrent


C. temporary


D. nominal




Jun 02, 2022
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