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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 4: Adjustments,financial Statements,and the Quality of Earnings
  5. Question
    Accounts That Retain Their Balance from One Period to the Next
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Accounts That Retain Their Balance from One Period to the Next

Question 79

Question 79

True/False

Accounts that retain their balance from one period to the next are referred to as permanent accounts and include balance sheet accounts.

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