Under which of the following categories would Accounts Receivable appear? Current liabilities Current assets Long-term assets Long-term liabilities Permanent accounts are not closed at the end of the accounting period. True False Buildings, land, and equipment are classified as long-term liabilities long-term assets current liabilities current assets Which of the following accounts will be closed by debiting the Income Summary account? Accounts Payable Depreciation Expense Accumulated Depreciation Service Revenue Permanent accounts are not closed at the end of the accounting period. True O False