The Information Needed in Journalizing the Closing Entries Is Obtained

question 66

Multiple Choice

The information needed in journalizing the closing entries is obtained from the

• A) accounts receivable ledger.
• B) general journal.
• C) work sheet.
• D) income statement.

---

Definitions:

Talcott Parsons

An influential American sociologist known for his development of a general theory for the study of society called action theory or the systems theory framework.

Adaptation Imperative

The necessity for organisms or systems to adjust to their environment in order to survive and flourish.

External Interrelationships

Connections between an entity and external factors or other entities that influence or are influenced by it.

Kingsley Davis

An American sociologist and demographer known for his work on human society, population growth and decline, and the concept of the demographic transition.