What types of accounts continue till the life of business? and what types of account closed after particular period?

asset and liabilties are keep till the life of business and all nominal accounts are closed early

Assets, Liabilies and captial( called Real Account) keeps going on till the life of business and nominal account like income and expense get close every accounting period

I feel that the proprietorship concerns usually die out in long run...either taken over as partnership or pvt. ltd. concern or die out/