Multiple Choice
Which of the following is a permanent account?
A) Prepaid rent
B) Rent expense
C) Sales revenue
D) Depreciation
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q21: The retained earnings balance of The Jackman
Q22: Closing entries are recorded:<br>A) in the ledger
Q23: Assume reversing entries are made by the
Q24: If a loss has been incurred for
Q25: Assume that no reversing entries are made
Q27: Retained earnings is what type of account?<br>A)
Q28: Interim statements are:<br>A) summary financial statements.<br>B) only
Q29: A post-closing trial balance provides:<br>A) the starting
Q30: Prince Ltd's year-end trial balance includes the
Q31: Accounting entries made to reduce the temporary