Accounts Receivable Is a Permanent Account

question 102

True/False

Accounts receivable is a permanent account.

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Definitions:

Self-Esteem

An individual’s subjective evaluation of their own worth or value.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Intellectual Openness

The willingness to consider and engage with diverse perspectives, ideas, and ways of thinking.

Competitive Marketplace

A business environment where various firms strive for a larger share of customers by offering better value through lower prices, higher quality, or unique services.