| 单词 | temporary account |
| 释义 | temporary account in Accounting (tɛmpərɛri əkaʊnt) Word forms: (regular plural) temporary accounts noun (Accounting: Financial statements, Income statement) account , account A temporary account is an account which is closed out at the end of the year. The temporary account balances must be reduced to zero at the end of each fiscal period. Most businesses close the revenues and expenses to another temporary account used solely in the closing process. A temporary account is an account which is closed out at the end of the year. |
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