Which of the Following Accounts Would NOT Be Considered a Permanent

question 55

Multiple Choice

Which of the following accounts would NOT be considered a permanent account?

• A) Accounts Receivable
• B) Depreciation Expense
• C) Accounts Payable
• D) Prepaid Rent Expense

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Definitions:

Electoral College

A body of electors established by the United States Constitution, tasked with electing the president and vice president based on the popular vote in each state.

Criminal Activity

Acts or behaviors that are punishable by law because they violate existing statutes or legal standards.

Government

The governing body of a nation, state, or community, responsible for making and enforcing laws and policies.

Pluralist Theory

The political theory that society is composed of multiple groups and centers of power, which compete and negotiate with each other to influence policymaking and outcomes.