Which of the Following Is Correct

Multiple Choice

Which of the following is correct?

A) Balance sheet accounts are considered permanent accounts and these accounts have balances that are closed each year.
B) Balance sheet accounts are considered permanent accounts and these accounts have balances that are carried forward from year to year.
C) Balance sheet accounts are considered temporary accounts and these accounts have balances that are carried forward from year to year.
D) Profit and Loss accounts are considered permanent accounts and these accounts have balances that are closed each year.