. Revenue and expense accounts are considered temporary accounts because they A. are used only once in a while. B. are closed out periodically. C. represent the asset and liability accounts. D. are used when preparing the balance sheet.

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Revenue and expense accounts are considered temporary accounts because they are closed out periodically.

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Asked 12/31/2014 12:15:11 PM

Updated 1/5/2015 5:07:37 AM

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Confirmed by debnjerry [1/5/2015 5:07:37 AM]

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