The Following Accounts Are Closed Directly into Retained Earnings;therefore,this (These)account(s)are

question 49

Multiple Choice

The following accounts are closed directly into retained earnings;therefore,this (these) account(s) are not accounted for separately in the company's chart of accounts:

• A)Revenues.
• B)Expenses.
• C)Dividends.
• D)All of the above are correct.
• E)None of the above are correct.

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Definitions:

Stomata

Tiny openings or pores in plant leaves and stems that facilitate gas exchange.

Carbon-fixing

The process of converting atmospheric carbon dioxide into molecules usable by living organisms, critical in the global carbon cycle.

Polar Ice Cap

A large area of thick ice covering the North Pole, South Pole, or both, significantly influencing the Earth's climate.

Boreal Forests

Vast forests located in the northern regions, characterized by cold temperatures and coniferous trees, also known as taiga.