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Identify which of the temporary accounts

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Reference no: EM132487963

Question 1: Identify which of the following are temporary accounts

(1) Owner's Capital

(2) Owner's Drawings

(3) Equipment

(4) Accumulated Depreciation

(5) Depreciation Expense

Question 2: Identify which of the following accounts would have balances on a post-closing trial balance.

(1) Service Revenue

(2) Income Summary

(3) Notes Payable

(4) Interest Expense

(5) Cash

Reference no: EM132487963

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