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No cash account is a permanent account. as u treated cash as a debit element in General journal against of Capital. Capital is a permanent account so cash too.
permanent account
it is permanent
permanent
No it is a temporary account
Capital stock is considered a permanent account. Permanent accounts are ones which hold financial information for multiple accounting periods. Capital stock remains in an account until an accountant moves it to another account, which means that it is permanent.
No cash account is a permanent account. as u treated cash as a debit element in General journal against of Capital. Capital is a permanent account so cash too.
permanent account
TEMPORARY ACCOUNT
difference between temporary and permanent working capital needs
it is permanent
permanent
No it is a temporary account
Permanant
Dividend is a temporary account at it is closed the retained earnings account at the end of fiscal year.
No it's permanent a
distinguish between temporary and permanent working capital?