Accountancy, asked by Rahulgenius3368, 11 months ago

__________account is an account to which the difference in the trial balance has been put temporarily.

Answers

Answered by BushrajavediqbalKhan
1

Answer:

_Temporary account is an account to which the difference in the trial balance has been put temporarily.

Explanation:

A temporary account is an account that begins each fiscal year with a zero balance. At the end of the year, its ending balance is shifted to a different account, ready to be used again in the next fiscal year to accumulate a new set of transactions

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