Balance Sheet Accounts Are Called__________ Accounts Because They Carry Their

question 125

Short Answer

Balance sheet accounts are called__________ accounts because they carry their balances to the next accounting period, and are not closed as long as the company continues to own the asset, owe the liability and have equity.

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Definitions:

More Successful

Refers to achieving a greater level of success compared to previous attempts or compared to others.

High-performing Organizations

Organizations characterized by superior outcomes and attributes, such as higher productivity, quality, profitability, and employee satisfaction.

Interpersonal Conflict

A situation in which two or more individuals with differing viewpoints, interests, or goals express disagreement or opposition towards each other.

Negotiator

A person skilled in conducting discussions and reaching agreements between parties with differing interests.