Which of the accounts listed below is a permanent (or real) account?
A) Dividends
B) Sales Revenue
C) Rent Expense
D) Salary Payable
Correct Answer:
Verified
Q72: The closing entry made for dividends would
Q73: Which of the following accounts is not
Q74: On September 1 of the current year,
Q75: The adjusted trial balance serves as the
Q76: The journal entry to accrue for interest
Q78: Unearned Revenue is a(n):
A) revenue account
B) liability
Q79: On a cash flow statement, closing entries
Q80: The current ratio is computed by:
A) dividing
Q81: Current assets are typically more liquid than
Q82: The current ratio is calculated as follows:
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