Put it on any chair and feel it working in minutes. While you simply sit, the SitFit strengthens and improves your core, promotes proper posture, and supports good back health - whether in your office, at your computer at home, or in front of the TV. The SitFit comes in Red, Blue and Black.
'Temporary Accounts' Definition: Temporary accounts refer to accounts that are closed at the end of every accounting period. These accounts include revenue, expense, and withdrawal accounts. They are closed to prevent their balances from being mixed with those of the next period. Also known as: Nominal accounts, Income statement accounts.
1. Close the revenue accounts to the clearing account. This will include accounts such as sales, interest income and rent revenue. In a double-entry accounting system, temporary accounts are often closed to a special clearing account called Income Summary or Revenue and Expense Summary.. Reference your chart of accounts for the name of the special clearing account.