Which of the following accounts is a permanent account?
A) Interest Expense
B) Gain on Sale of Equipment
C) Patents
D) Bad Debt Expense
Correct Answer:
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Q119: Selected transactions for Rosewood Industries are presented
Q120: Which of the following is not a
Q121: Presented is an adjusted trial balance for
Q122: All of the following accounts are temporary
Q123: Closing revenue accounts results in a credit
Q125: The final financial statement to be prepared
Q126: List the sequence in which financial statements
Q127: Expense accounts are temporary accounts.
Q128: The first financial statement prepared from the
Q129: Which of the following choices shows the
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