The Strand Bookshop Pty Ltd closes its accounts at the end of the financial period, the only accounts remaining open are.
O Temporary accounts
Permanent accounts
OExpense accounts
ODividend account
O Revenue accounts
At the end of the financial period, the accounts that remain open are typically permanent accounts. These include assets, liabilities, equity, and some revenue and expense accounts that represent ongoing balances rather than just transactions within the specific period. Temporary accounts, such as revenue and expense accounts, are closed into the owner's equity or retained earnings account to determine the net income or loss for the period. The dividend account is also usually closed once dividends have been declared and distributed. Thus, the correct answer is:
O Permanent accounts
