Balance sheet accounts are known as_____________ accounts because their balance at the end of one accounting period becomes their opening balance at the start of the next period.
A) open.
B) long-term.
C) permanent.
D) carry forward.

Name: Balance sheet accounts are known as_____________ accounts because their balance at the end of one accounting period becomes their opening balance at the start of the next period. A) open. B) long-term. C) permanent. D) carry forward.
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Question

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The Answer is C

Balance Sheet Accounts Are Known As_____________ Accounts Because Their Balance