Which Statement Regarding Acids and Bases Is Correct

question 34

Multiple Choice

Which statement regarding acids and bases is correct?

• A) Acids increase the pH, and bases decrease the pH.
• B) Acids increase the proportion of hydrogen ions (H⁺), and bases reduce the proportion of H⁺.
• C) Acids are harmful, but bases are not harmful.
• D) Acids combine with bases to form buffers.
• E) Acids combine with bases to form sugars.

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Definitions:

Adjusting Entries

Entries made in accounting at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Post-Closing Trial Balance

A listing of all company accounts that remain after closing entries are made, used to check the accuracy of closing procedures and the balance of permanent accounts.

Adjusted Trial Balance

The Adjusted Trial Balance is a list of all accounts and their balances after adjustments have been made for entries like accruals and deferrals, ensuring the accuracy of financial statements.

Post-Closing

Post-closing refers to the period after the closing entries are made in the accounting cycle, aimed at preparing the accounts for the next period by resetting revenue and expense accounts to zero.