A Nominal Account Is the Same as a Permanent Account

question 87

True/False

A nominal account is the same as a permanent account.

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Definitions:

Thermal Shock

The stress induced in a material due to a rapid change in temperature.

Aquatic Organisms

Living beings that reside in water environments, including both freshwater and marine ecosystems.

Inorganic Chemicals

Chemical compounds that generally do not contain carbon-hydrogen bonds, including minerals, metals, and gases like oxygen and nitrogen.