Which of the Following Is Not a Correct Closing Entry $\quad$

question 61

Multiple Choice

Which of the following is not a correct closing entry? A. Retained earnings
$\quad$ Revenues
$\quad$ Expenses
B. Revenues
$\quad$ Gain on sale of land
$\quad$ Expenses
$\quad$ Retained earnings
C. Revenues
$\quad$ Loss on sale of Building
$\quad$ Expenses
$\quad$ Retained earnings
D. Loss on sale of land
$\quad$ Expenses
$\quad$ Revenues
$\quad$ Retained earnings

• A) Option A
• B) Option B
• C)Option C
• D)Option D

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Definitions:

CAM Plants

Plants that use Crassulacean Acid Metabolism, a photosynthetic adaptation that allows them to minimize water loss by opening their stomata at night.

Stomata

Tiny openings or pores in plant leaves and stems that control gas exchange for photosynthesis and respiration.

Photosynthetic Component

Part of a cell or organism that is involved in photosynthesis, the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water.

Chlorophyll Molecules

The green pigments found in the chloroplasts of plants, algae, and certain bacteria, crucial for photosynthesis by capturing light energy.