Multiple Choice
Balance Sheet accounts are also called:
A) Permanent accounts
B) Temporary accounts
C) Equity accounts
D) None of the choices are correct
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: What is the purpose of a non-posting
Q3: Briefly explain the purpose of account numbers
Q4: Which of the following is a temporary
Q5: Which account below is not an Expense
Q6: What does the Chart of Accounts list?<br>A)Assets,liabilities
Q7: Non-posting accounts:<br>A)Track information required for the accounting
Q8: Which of the following is an asset?<br>A)Mortgage
Q9: Which of the following is not considered
Q10: Which of the following is a liability?<br>A)Accounts
Q11: The Income Statement:<br>A)Lists the accounts and account