Put it on any chair and feel it working in minutes. While you simply sit, the SitFit strengthens and improves your core, promotes proper posture, and supports good back health - whether in your office, at your computer at home, or in front of the TV. The SitFit comes in Red, Blue and Black.
'Temporary Accounts' Definition: Temporary accounts refer to accounts that are closed at the end of every accounting period. These accounts include revenue, expense, and withdrawal accounts. They are closed to prevent their balances from being mixed with those of the next period. Also known as: Nominal accounts, Income statement accounts.
A permanent account, also called a real account, is a balance sheet account that is used to record activities that relate to future periods. The reason they are called permanent accounts is because they are never closed at the end of an accounting period. In a sense, they are permanent fixtures on the financial statements. Permanent accounts carry the ending balances of the balance sheet to the beginning of the next year. For instance, the ending inventory balance for year one is the beginning inventory balance for year two.