MCQ Which account is considered a permanentaccount?a) Salaries Expenseb) Revenuec) Retained Earningsd) Dividends

Permanent accounts (also known as real accounts) are accounts that are not closed at the end of an…

Answered: Which account is considered a permanent…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 20MC: Which of the following is a measurement of earnings that represents the profit before interest,...

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Similar questions

In which of the following types of accounts are increases recorded by credits? Question 8 options: Revenue, Dividends Liability, Revenue Dividends, Asset Expense, Liability
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Which account is considered a permanent account? a) Salaries Expense b) Revenue c) Retained Earnings d) Dividends