Which of the following accounts is a permanent account (an account that is not closed) ?
A) Rent Expense
B) Service Revenue
C) Dividends
D) Prepaid Insurance
Correct Answer:
Verified
Q19: The term "realization" refers to which of
Q20: The entry to recognize salary expense incurred
Q21: Recognition of revenue may result in which
Q22: The following accounts and balances were drawn
Q23: Which of the following accounts would not
Q26: Which of the following would be included
Q27: The purpose of the accrual basis of
Q28: Grace's net income was:
A) $200.
B) $350.
C) $3,050.
D)
Q29: Total assets on the December 31,2012 balance
Q48: The matching concept refers to the "matching"
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