Which of the following is a permanent account?
A) Dividend Revenue
B) Allowance for Doubtful Accounts
C) Interest Expense
D) Sales Revenue
Correct Answer:
Verified
Q17: An advantage of using the general journal
Q18: In order to prepare the financial statements,
Q19: Companies create subsidiary ledgers to divide accounting
Q20: Although optional, a reversing entry is usually
Q21: Which of the following is not a
Q23: Which of the following rules is incorrect?
A)
Q24: Which of the following is not a
Q25: Which T-account is incorrect? Q26: The adjustment to convert cash-basis collections from Q27: Which accounts are increased by using debits?
A)
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