Salaries Payable Is a Permanent Account

question 42

True/False

Salaries payable is a permanent account.

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Definitions:

Insulations

Materials or substances used to prevent the passage of electricity, heat, or sound from one area to another.

Coefficient

A numerical or constant quantity placed before and multiplying the variable in an expression (e.g., in 2x, 2 is the coefficient).

Ambient Air

The natural air in the environment surrounding a particular location, often considered in terms of its quality or temperature.

Ampacity

The maximum current-carrying capacity of a wire or device.