Accounts Receivable Is a Permanent Account

question 102

True/False

Accounts receivable is a permanent account.

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Definitions:

Geographical Area

A specific portion of the Earth's surface defined by natural or political boundaries or characterized by its distinct environment, population, or geopolitical features.

Climate Barriers

Physical or climatic conditions that limit the movement or spread of organisms, potentially leading to divergence and speciation.

Commercial Lumber

Lumber that is prepared for use in building and construction, typically standardized in dimensions and quality.

Wood Products

Wood products refer to any product made from trees, including lumber, paper, furniture, and various building materials.