All S Are P

question 115

Multiple Choice

All S are P. (Aristotelian standpoint) After filling in the diagram,

• A) There is an X in Area 1.
• B) Area 2 is shaded.
• C) Area 1 is shaded, and there is a circled X in Area 2.
• D) Area 3 is shaded.
• E) Area 1 is shaded, and there are no other marks.

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenue and expenses to the proper period.

Adjusting Entry

A journal entry made in the accounting records at the end of an accounting period to allocate income and expenditure to the appropriate period.

Closing Entry

A journal entry made at the end of an accounting period to transfer the balances of temporary accounts to a permanent account.