menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles Study Set 2
  4. Exam
    Exam 4: Completion of the Accounting Cycle
  5. Question
    Assets, Liabilities, and Equity Accounts Are Considered
Solved

Assets, Liabilities, and Equity Accounts Are Considered

Question 110

Question 110

Multiple Choice

Assets, liabilities, and equity accounts are considered


A) temporary accounts.
B) closing accounts.
C) permanent accounts.
D) contra accounts.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q22: The account, Supplies, will appear in the

Q32: The accounting cycle begins at the start

Q42: Which of the following is a true

Q98: A post-closing trial balance will show<br>A) only

Q104: The current ratio is the ratio of

Q106: The balance in the Owner's Drawings account

Q107: Which of the following is the final

Q108: For entity's reporting under International Financial Reporting

Q112: The work sheet does NOT show<br>A) profit

Q223: The adjustments on a worksheet can be

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines