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permanent and appear on the balance sheet; companies never close these; which accounts are classified as this?

User Vlado
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Final answer:

Fixed assets or non-current assets are classified as permanent accounts that appear on the balance sheet.

Step-by-step explanation:

The accounts classified as permanent and appear on the balance sheet are called fixed assets or non-current assets. These are long-term assets that are not consumed or converted into cash within a year. Examples include land, buildings, equipment, vehicles, and intangible assets such as patents and trademarks.

User Tbk
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