What are permanent and temporary accounts? What is the relationship between them?

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Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 15, 2017 11:06 AM

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Explain the difference between permanent and temporary accounts. Discuss.
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What are permanent and temporary accounts? What is the relationship between them?

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Permanent accounts are those accounts that appear on the balance ...View the full answer

Accounting Principles Part 1

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