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Author Question: Which of the following are all permanent accounts? a. Cash, Rent Expense, owner's drawing b. ... (Read 61 times)

madam-professor

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on: Jul 6, 2018
Which of the following are all permanent accounts?
 a. Cash, Rent Expense, owner's drawing
   b. Accumulated Depreciation, Notes Payable, owner's drawing
   c. Cash, Prepaid Insurance, Notes Payable
   d. Owner's capital, owner's drawing, Rent Expense

Question 2

Although high-quality municipal bonds are the most common proxy for a risk-free rate, Treasury bonds are another alternative.
 
  Indicate whether the statement is true or false


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wshriver

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Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

FALSE
Explanation: Although Treasury bonds are the most common proxy for a risk-free rate, high-quality municipal bonds are another alternative.


madam-professor

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

TheNamesImani

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Reply 3 on: Yesterday
Gracias!

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