Permanent Accounts Include All of the Following Except

question 19

Multiple Choice

Permanent accounts include all of the following except:

• A)Accumulated Depreciation-Equipment.
• B)Prepaid Insurance.
• C)Unearned Revenue.
• D)Accounts Receivable.
• E)Depreciation Expense-Equipment.

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Definitions:

Concept

A general idea or understanding that is not specific but can form the foundation of thought or knowledge.

Variables

Elements, factors, or characteristics that can vary within a study or experiment, potentially influencing the outcomes.

Concept

An abstract idea or a general notion that represents something in thought or understanding.

Phenomena

Observable events or facts that are subject to scientific analysis.