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:

Greenstick

A type of incomplete fracture in bones, most common in children, where the bone bends and cracks without completely breaking.

ACE Wrap

A brand of elastic bandage typically used to provide support and reduce swelling following an injury.

Ankle Brace

A supportive garment or device worn around the ankle to protect it or to provide stability after an injury.

Compression

To exert force against, press.