Balance Sheet Accounts Are Considered to Be

question 166

Multiple Choice

Balance sheet accounts are considered to be

• A) temporary stockholders' equity accounts.
• B) permanent accounts.
• C) equity accounts.
• D) nominal accounts.

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Definitions:

Soluble

Capable of being dissolved in a solvent, typically referring to the ability of a substance to dissolve in a particular liquid.

Amines

Organic compounds and functional groups that contain a basic nitrogen atom with a lone pair.

Pyrrolidine

A cyclic secondary amine, presenting as a clear liquid with an unpleasant smell, used as a building block in the synthesis of pharmaceuticals and alkaloids.

Ethylamine

A colorless gas with a fishy smell, used in chemical synthesis, represented by the chemical formula C2H5NH2.