Which of the accounts listed below is a NOT a permanent account?
A) Salary Payable
B) Unearned Revenue
C) Dividends
D) Prepaid Rent
Correct Answer:
Verified
Q45: The entry made to close Service Revenue
Q46: An accountant recognizes the impact of a
Q47: The entry to close revenue accounts:
A)decreases retained
Q48: Arizona Teak Company paid $54,000 for computers.
Q49: In what order are financial statements generally
Q51: Which of the following accounts appear on
Q52: The debt ratio measures a firm's ability
Q53: A journal entry contains a debit to
Q54: The entry to close expense accounts):
A)increases total
Q55: Current assets are $40,000 and long- term
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