Closing Entries Are Necessary for

question 119

Multiple Choice

Closing entries are necessary for

• A) permanent accounts only.
• B) temporary accounts only.
• C) both permanent and temporary accounts.
• D) permanent or real accounts only.

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Definitions:

Peer Relations

The interactions and relationships that occur between individuals of similar age groups, often considered crucial for social development.

Middle Childhood

A developmental stage typically ranging from ages 6 to 12, characterized by the development of logical thinking, independence, and beginning of formal education.

Rejected Children

Children who experience significant peer rejection, characterized by being disproportionately disliked or ostracized by their peers.

Controversial Children

Children who provoke debate or disagreement due to their behaviors, needs, or circumstances, often within educational or social contexts.