An account is called Permanent Account because a. The balance of the account is carried forward to next accounting year b. The balance of the account is same amount and not allowed to change in any accounting year c. None of these d. The balance of the account is not carried forward to next accounting year Question 30 Not yet answered Marked out of 1 Flag question Which among the following account is NOT required to be used in an adjusting entry? a. Accrued Wages b. Cash c. Prepaid Insurance d. None of these