Cvrcy yv.reaentCOs Classify each account title as permanent or temporary by drag

Question

Cvrcy yv.reaentCOs Classify each account title as permanent or temporary by dragging the account into the correct bucket View draga Depreciation Expense Dividends Payable Advertising Expense Interest Taxes Payable Revenue Dividend Revenue Notes Income Summary nsurance Utilities Payable Expense Receivable Accum. Depr Truck Warranty Revenue Repairs Expense Furniture Notes Payable Interest Receivable Tax Contingency Sales Revenue Temporary Accounts Permanent Accounts Drag card here Drag card here CHECK ANSWER

Explanation / Answer

Classify temporary and permanent accounts :

Temporary Accounts Permanent accounts Depreciation expense Dividend payable Interest revenue Taxes payable Advertising expense Utilities payable Insurance expense Notes receivable Dividend revenue Accumlated dep truk Income summary Furniture Repairs expense Notes payable Sales revenue Interest receivable Tax contingency Warranty revenue

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