Which of the Following Accounts Are Considered Permanent Accounts

question 207

Multiple Choice

Which of the following accounts are considered permanent accounts?

• A)Inventory and Cost of Goods Sold
• B)Land and Accounts Receivable
• C)Accounts Payable and Service Revenue
• D)Common Stock and Salary Expense

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Definitions:

Abscess

A localized collection of pus within tissues, organs, or spaces in the body, typically caused by an infection.

Exudate

Pus; the collection of purulent material in a cavity.

Medical Record

A comprehensive document containing a patient's medical history, treatments received, diagnostic tests, and other healthcare information.

Surgical Procedures

Medical operations carried out to diagnose, treat, or prevent disease, involving the use of instruments to modify tissues either for repair or removal.