The Salaries Payable Account Is a Permanent Account

question 23

True/False

The Salaries Payable account is a permanent account.

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Definitions:

Imported Vitamin

A nutrient or supplement that is produced abroad and brought into a country for consumption.

Duty

A moral or legal obligation; in legal terms, it often refers to the responsibility one party has to act in a certain way toward others.

Federal Register

The official journal of the federal government of the United States, where government agencies publish notices, rules, and regulations.

Proposed Rule

An official suggestion for a new regulation or amendment to existing regulations, usually published for public comment before adoption.