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  • 18-04-2021
  • Business
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At the end of a fiscal period, expense accounts are closed through

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lak521
lak521 lak521
  • 18-04-2021

Answer:

see the explanation

Explanation:

The temporary accounts get closed at the end of an accounting year. Temporary accounts include all of the income statement accounts (revenues, expenses, gains, losses), the sole proprietor's drawing account, the income summary account, and any other account that is used for keeping a tally of the current year amounts.

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