In Preparing Closing Entries

question 148

Multiple Choice

In preparing closing entries

• A) each revenue account will be credited.
• B) each expense account will be credited.
• C) the retained earnings account will be debited if there is net income for the period.
• D) the dividends account will be debited.

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Definitions:

Personality Profile

A detailed description of an individual's behavioral traits and characteristics.

Big Five Personality Factors

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Differences

Variations in the characteristic patterns of thinking, feeling, and behaving among individuals.

Major Sources

Major sources refer to the primary or most important origins or points of information, supply, or influence.