Accounts That Retain Their Balance from One Period to the Next

question 79

True/False

Accounts that retain their balance from one period to the next are referred to as permanent accounts and include balance sheet accounts.

---

Definitions:

Cardiomyopathy

A group of diseases that affect the heart muscle, potentially leading to heart failure or other cardiac conditions.

Musculoskeletal

Pertaining to the muscles and the skeleton, especially relating to the system that supports the body and enables movement.

Nephrology

The branch of medicine that focuses on the diagnosis and treatment of kidney diseases.

Plural

The grammatical form used to denote more than one of a particular object or concept.