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    Financial Accounting Study Set 11
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    Exam 3: Accrual Accounting Income
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    Which of the Following Accounts Are Considered Permanent Accounts
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Which of the Following Accounts Are Considered Permanent Accounts

Question 207

Question 207

Multiple Choice

Which of the following accounts are considered permanent accounts?


A) Inventory and Cost of Goods Sold
B) Land and Accounts Receivable
C) Accounts Payable and Service Revenue
D) Common Stock and Salary Expense

Correct Answer:

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