Which account closed at the end of accounting period quizlet?
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Which accounts are not closed at the end of the accounting period quizlet?Permanent accounts are accounts that are not closed at the end of the accounting period, hence are measured cumulatively.
Which of the following account is not closed at the end of the accounting period?The correct answer is d) Capital Stock. The capital stock is a real or permanent account, hence, it must not be closed at the end of the year.
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