Withdrawal account, revenues account, expenses account and income summary account are
a. Permanent accounts
b. Temporary accounts
c. Equity accounts
d. Closing accounts
e. None of these above
Answer: b. Temporary accounts
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The difference between a department's net sales and cost of goods sold is known as the
a. departmental gross profit; b. departmental operating expense; c. departmental operating income; d. departmental direct operating margin; e. departmental net income
________ is an index that compares the magnitudes of the observed correlation coefficients to the magnitudes of the partial correlation coefficient
A) Mahalanobis ratio B) KMO measure of sampling adequacy C) Bartlett's test of sphericity D) Wilks' lambda
A new pizza restaurant is opening in town. The owners of this restaurant decide to place an advertisement in the town newspaper announcing the date of their big opening. The owners of the restaurant are using ________
A) mass communications B) a push strategy C) word-of-mouth communications D) public relations E) one-to-one marketing
The asset base for loans usually is accounts receivable, inventory, equipment, or real estate.
Answer the following statement true (T) or false (F)