Greening Refers To

question 117

Multiple Choice

Greening refers to:

• A)the need for more carbon dioxide in our air.
• B) firms acquiring more green backs (U.S. dollars) from world trade.
• C)finding ways to lessen the harm on our environment.
• D)the agricultural industry's push to develop and produce new green vegetables to feed the world.

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Definitions:

Current-Year Net Income

Current-Year Net Income is the total profit or earnings of a company for the ongoing fiscal year, after subtracting all expenses, taxes, and costs.

Accrued Salaries

Wages that have been earned by employees but have not yet been paid by the employer.

Adjusting Entry

A journal entry made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Unadjusted Trial Balance

A listing of all the accounts in the general ledger with their balances before any adjusting entries are made.