dentify whether each account type is permanent or temporary: Assets I Select] Liabilities ISelect] Owner's Capital I Select Owner's Drawings ( Select) Revenue (Select]
dentify whether each account type is permanent or temporary: Assets I Select] Liabilities ISelect] Owner's Capital I Select Owner's Drawings ( Select) Revenue (Select]
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Permanent and Temporary Accounts
Identify whether each account type is permanent or temporary:
Assets Select]
Liabilities ( Select)
Owner's Capital ( Select )
Owner's Drawings ( Select )
Revenue [Select ]
Expenses
[ Select )](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb740a2b9-45d2-4a76-b926-8ccc48491ca4%2F16a187a5-5db3-4b80-8fe4-0c3b283c81d6%2F9uxhfr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Permanent and Temporary Accounts
Identify whether each account type is permanent or temporary:
Assets Select]
Liabilities ( Select)
Owner's Capital ( Select )
Owner's Drawings ( Select )
Revenue [Select ]
Expenses
[ Select )
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