Question: How do temporary accounts differ from permanent accounts? Multiple Choice Only temporary accounts are used in the adjustments at the end of the accounting period.

How do temporary accounts differ from permanent accounts?
Multiple Choice
Only temporary accounts are used in the adjustments at the end of the accounting period.
Only permanent accounts are found on the financial statements.
Only temporary accounts are closed at the end of the accounting period.
Only permanent accounts are transferred to Retained Earnings during the closing process.
How do temporary accounts differ from permanent accounts? Multiple Choice Only

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