Which of the following accounts is a permanent (real) account?
A) Interest revenue.
B) Office supplies expense.
C) Fees earned.
D) Salaries expense.
E) Accounts payable.

Name: Which of the following accounts is a permanent (real) account? A) Interest revenue. B) Office supplies expense. C) Fees earned. D) Salaries expense. E) Accounts payable.
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Question

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Accounts payable is a permanent account because it is a liability account that carries its balance into future accounting periods.

Which of the Following Accounts Is a Permanent (Real) Account