Question
9. Which of the following is not true as it relates to account category, account class, financial statement, temporary or permanent, normal balance, closed/not closed
9. Which of the following is not true as it relates to account category, account class, financial statement, temporary or permanent, normal balance, closed/not closed and adjusted/not adjusted? A) All of the above are true B) Prepaid Insurance - - asset, current, balance sheet, permanent, debit, not closed and not adjusted C) Accounts Payable - - liability, current, balance sheet, permanent, credit, not closed, adjusted D) Accumulated Depreciation - - asset, contra asset, balance sheet, permanent, credit, not closed and adjusted E) Common Stock - - stockholders |
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