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permanent account

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Q: Is inventory permanent account or temporary account?
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Related questions

Is income summary a temporary or permanent account?

TEMPORARY ACCOUNT


Is prepaid insurance a permanent or temporary account?

it is permanent


Accounts Payable is a temporary or permanent account?

permanent


Is Interest expense a permanent account?

No it is a temporary account


Is retained earnings temporary account or permanent account?

Permanant


Is dividends declared account permanent or temporary account?

Dividend is a temporary account at it is closed the retained earnings account at the end of fiscal year.


Is unearned revenue a temporary account?

No it's permanent a


What would be a temporary account A inventory b sales c accounts payable d accounts receivable?

a. inventory


Is cash account temporary account?

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.


Is capital stock a permanent or 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.


How do you move from temp inventory to back pack aqworlds?

You cannot. Temporary items cannot be changed to permanent items and will be removed when you log out.


Provision is a temporary account or permanent account?

Provisions indicate how much money is put into an allowance account during a given period. Provisions are therefore temporary accounts. Allowances, which indicate the cumulative amount of money set aside for things like bad debts, are asset accounts and therefore permanent accounts.