Question: 29) Explain the difference between temporary and permanent accounts (4 points) 30) In the table below, indicate with an X in the proper column whether
29) Explain the difference between temporary and permanent accounts (4 points) 30) In the table below, indicate with an "X" in the proper column whether the account is a temporary (nominal) account or a permanent (real) account. (1 point each) Account Temporary (Nominal) Permanent (Real) Cash Prepaid rent Unearned revenue Accounts receivable Insurance expense S. Holder, Capital S. S. Holder, Withdrawals h. Rent expense i. Fees earned j. Supplies k. Supplies expense 1. Depreciation expense-Equipment m. Accumulated depreciation-Equipment
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