Permanent Accounts Include All of the Following Except

question 19

Multiple Choice

Permanent accounts include all of the following except:

• A)Accumulated Depreciation-Equipment.
• B)Prepaid Insurance.
• C)Unearned Revenue.
• D)Accounts Receivable.
• E)Depreciation Expense-Equipment.

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Definitions:

Consultation

A process where advice or information is sought from someone knowledgeable or an expert in a specific field.

Uncertainty Avoidance

A business-related aspect of culture that measures how persons deal with an unknown future.

Risk Averse

A tendency to avoid taking risks or preferring options with lower variability of returns.

Detailed Instructions

Detailed instructions refer to explicit, step-by-step guidance provided to ensure a task is performed accurately and efficiently.