Several accounts are listed below:
a.Cash
b.Retained Earnings
c.Unearned Rent
d.Purchases Discounts Taken
e.Accounts Payable
f.Accumulated Depreciation
g.Dividends
h.Sales Revenue
i.Capital Stock
j.Rent Expense
k.Prepaid Insurance
l.Interest Income
Required:
In the space to the left of each account, place a (P) if the account is a permanent account or a (T) if the account is a temporary account.
Correct Answer:
Verified
b.P
c....
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