Which of the following is a nominal (temporary) account?

a. Inventory
b. Retained Earnings
c. Unearned Service Revenue
d. Salaries and Wages Expense

Ans: d. Salaries and Wages Expense

Business

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Those who are secondarily liable on negotiable instruments they endorse are known as ________

A) unqualified indorsers B) qualified indorsers C) accommodation parties D) agents

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The statute of limitations for damages resulting from an automobile accident is an

example of: a. civil substantive law. b. civil procedural law. c. criminal substantive law. d. criminal procedural law. e. None of the above

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