Which of the accounts listed below is not a temporary (or nominal) account?
A) Dividends
B) Rent Expense
C) Sales Revenue
D) Salary Payable
Correct Answer:
Verified
Q106: The entry made to close service revenue
Q108: A low debt ratio is preferable to
Q109: The post closing trial balance contains which
Q111: Salaries expense is a permanent account, so
Q112: Which of the following accounts is not
Q116: Closing entries transfer the balances of revenue,
Q117: The closing entry made for dividends would
Q118: To close the revenue account a credit
Q118: Prohibition Ltd. trial balance at December 31,
Q122: The post closing trial balance for Adam
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents