Which of These Is Not a Permanent Account

question 53

Multiple Choice

Which of these is not a permanent account?

• A) Prepaid rent
• B) Rent expense
• C) Accounts receivable
• D) Owner's capital account

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Definitions:

Visual Impact

The powerful effect or appeal that something has when seen, which can influence perceptions, emotions, or behaviors.

Passive Voice

A sentence structure in which the object of an action becomes the subject of the sentence.

Technical Words

Specialized vocabulary related to a specific field or industry, often requiring expert knowledge to understand.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.