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Choose If the Account Is a Permanent (Or Real) Account

Question 87

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choose if the account is a permanent (or real) account or if the account is a temporary account

Premises:
Cash
Retained Earnings
Unearned Subscriptions Revenue
Purchases Discounts Taken
Accounts Payable
Accumulated Depreciation
Dividends Distributed
Sales Revenue
Capital Stock
Rent Expense
Prepaid Insurance
Interest Income
Responses:
permanent (or real) account
temporary account

Correct Answer:

Cash
Retained Earnings
Unearned Subscriptions Revenue
Purchases Discounts Taken
Accounts Payable
Accumulated Depreciation
Dividends Distributed
Sales Revenue
Capital Stock
Rent Expense
Prepaid Insurance
Interest Income
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