Which of the following is a permanent account category?
A) Revenues
B) Dividends
C) Expenses
D) Liabilities
E) None of the above

Name: Which of the following is a permanent account category? A) Revenues B) Dividends C) Expenses D) Liabilities E) None of the above
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Question

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Liabilities are a permanent account category because they carry their balances over to the next accounting period. Revenues, dividends, and expenses are temporary accounts, which are closed at the end of each accounting period.

Which of the Following Is a Permanent Account Category