What Is the Name of the Theory That Describes the Formation

question 57

Multiple Choice

What is the name of the theory that describes the formation of the universe?

• A)Theory of Gravitational Attraction
• B)Big Bang Theory
• C)Theory of Continental Drift
• D)Solar Nebula Theory

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Definitions:

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Closing The Books

The process of finalizing all accounts and preparing financial statements at the end of an accounting period.

Transactions

Acts of buying, selling, or exchanging goods, services, or financial assets in the market.

Double Entry

An accounting principle that requires every financial transaction to be recorded in two accounts, debit and credit, to keep financial statements balanced.