Aaccount represents the basic financial position elements of the accounting equation and a account keeps track of the changes in the retained earnings component of shareholders' equity.
a. subsidiary; control
b. control; subsidiary
c. temporary; permanent
d. permanent; temporary

d. permanent; temporary

Explanation:

A temporary account is an account created for recording revenues and expenses as well as account for gains and losses. It is kind of profit and loss account. It also records changes in drawings or withdrawals.

Permanent account on the other hand are prepared to record assets, liabilities and equity of a corporation. Account balances are carried over from one period to another. It is kind of balance sheet items account.

Hence a permanent account represents the basic financial position elements (balance sheet) of the accounting equation as in Assets, Liabilities and owners equity.

Whereas a temporary account keeps track of the "changes" in drawings which affects retained earnings component of shareholders equity.

a

explanation:

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;