The Final Closing Entry to Be Journalized Is Typically the Entry

question 62

Multiple Choice

The final closing entry to be journalized is typically the entry that closes the

• A) revenue accounts.
• B) dividends account.
• C) retained earnings account.
• D) expense accounts.

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Definitions:

Centrioles

Two cylinder-shaped organs near the cell nucleus that are essential for cell division, by equally dividing chromosomes to the daughter cells.

Mitosis

A type of cell division that results in two daughter cells each having the same number and kind of chromosomes as the parent nucleus, typical of ordinary tissue growth.

Inherited Traits

Characteristics or properties genetically passed down from parents to their offspring.

Multiple Genes

Pertains to the involvement of more than one gene in influencing a trait, characteristic, or the manifestation of a disease.