Which of the following is a real (permanent) account?
A) Goodwill
B) Sales Revenue
C) Accounts Receivable
D) Both Goodwill and Accounts Receivable
Correct Answer:
Verified
Q47: An accounting record where a company initially
Q48: When a corporation pays a note payable
Q49: Debit always means
A) right side of an
Q50: Which of the following statements is true
Q51: Which of the following accounts is reported
Q53: Under International Financial Reporting Standards (IFRS) the
Q54: Nominal accounts are also called
A) temporary accounts.
B)
Q55: Under International Financial Reporting Standards (IFRS) real
Q56: Equity is not affected by
A) cash receipts.
B)
Q57: The trial balance
A) Proves that debits are
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