At the Beginning of the Fiscal Year an Entity's Permanent

question 4

True/False

At the beginning of the fiscal year an entity's permanent and temporary accounts should all have a zero balance.

---

Definitions:

Incumbents

Individuals currently holding a specified position or office, often in the context of political elections where they seek re-election against challengers.

Congressional Members

Individuals elected to represent their constituents in the legislative branch of the United States federal government, specifically in the Senate and House of Representatives.

115th Congress

The iteration of the United States Congress that met from January 3, 2017, to January 3, 2019, consisting of the Senate and the House of Representatives.

House Of Representatives

is one of the two chambers of the bicameral legislature in many countries, including the United States, responsible for creating and passing legislation.