Asset, liability and owner’s equity accounts are:Group of answer choicespermanent accountstemporary accountsshort-term accountslong-term accounts

Asset, liability, and owner’s equity accounts are permanent accounts.

Here's why:

1. Permanent accounts, also known as real accounts, are the accounts that don’t close at the end of the accounting period. Instead, their balances are carried over to the next accounting period.

2. Assets, liabilities, and owner’s equity accounts fall into this category. These accounts will always have a balance, as they are cumulative and represent the financial history of the company.

3. For example, an asset account could include things like cash, accounts receivable, inventory, prepaid insurance, investments, land, buildings, equipment, and goodwill.

4. A liability account could include accounts payable, salaries payable, interest payable, and customer deposits.

5. An owner’s equity account could include common stock and retained earnings.

6. Temporary accounts, on the other hand, are zeroed out at the end of each accounting period. These include revenue, expense, and dividend accounts.

So, in conclusion, asset, liability, and owner’s equity accounts are permanent accounts.