Approximately How Long Ago Did the First Distinctly Human Ancestor

question 12

Multiple Choice

Approximately how long ago did the first distinctly human ancestor appear?

• A) 10,000 years ago
• B) 100,000 years ago
• C) 5 million years ago
• D) 10 million years ago
• E) 3 billion years ago

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Definitions:

Journalize

The process of recording transactions in a company's journal, detailing the financial activities and their impact on accounts.

Net Sales

The amount of revenue generated from sales of goods or services after deducting returns, allowances, and discounts.

Adjusting Entry

A journal entry made in the accounting records to update the balances of certain accounts and accurately reflect the financial position before preparing financial statements.

Bad Debt Expense

An expense reported on the income statement, reflecting the cost of accounts receivable that are not expected to be collected.