16) Salaries payable is a permanent account.
17) Common stock is a temporary account.
18) Accumulated depreciation is a permanent account.
19) Service revenue is a temporary account.
20) Depreciation expense is a temporary account.
21) Service revenue is a permanent account.
22) Salary expense is a temporary account.
23) Dividends is a permanent account.
24) Retained earnings is a permanent account.
25) Where can closing entries be found?
A) In a company's general journal
B) On a company's statement of retained earnings
C) On a company's worksheet
D) On a company's balance sheet