Cash Hash » Cash Hash » Make Cash/ Earn Cash » Which of the following account groups are all considered nominal accounts?

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: A) Cash, Retained Earnings, Wages Payable
B) Prepaid Insurance, Property, Plant & Equipment, Fees Earned
C) Capital Stock, Dividends, Income Summary
D) Rent Revenue, Fees Earned, Miscellaneous Expense

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: Nominal accounts are temporary and will be closed out at the end of the accounting period. They include revenue, expense, drawing, and dividend accounts.

D) Rent Revenue, Fees Earned, Miscellaneous Expense
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