Ocean Shores is located in west Washington. Ocean Shores is part of Grays Harbor County. Ocean Shores has 8.51 square miles of land area and 3.89 square miles of water area. As of 2010-2014, the total Ocean Shores population is 5,609, which has grown 46.22% since 2000. The population growth rate is much higher than the state average rate of 17.05% and is much higher than the national average rate of 11.61%.
UGMA/UTMA: An Overview. UGMA / UTMA accounts are generally set up at a bank or brokerage firm. The custodian of an UGMA / UTMA account controls and manages the assets for a minor (the beneficiary of the account).
What is a nominal account in accounting? Nominal accounts in accounting are the temporary accounts, such as the income statement accounts. In other words, nominal accounts are the accounts that report revenues, expenses, gains, and losses. (The owner's drawing account is also a temporary account, even though it is not an income statement account.) Nominal or temporary accounts are closed at the end of each accounting year. This means that their account balances are transferred to a permanent account. This closing process allows the nominal accounts to start the next accounting year with zero balances.