Santana graduated from the University of Virginia and doesn't understand accounting. Santana knows that you went to Oklahoma State so you

have a better understanding of complex material. Santana notes that certain accounts are used to collect retained earnings data $($revenue &

expenses$)$ applicable to the current accounting period. However, he doesn't know what type of accounts they are. What type of accounts are they?

Permanent Accounts

Balance Sheet Accounts

Temporary Accounts

Contra Accounts