Rising and Falling of Air Over Large Areas Is Most

question 116

Multiple Choice

Rising and falling of air over large areas is most properly known as________ and___________ .

• A) ascent, subsidence
• B) updrafts, downdrafts
• C) rising, falling
• D) swell, swal
• E) give, take

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Definitions:

Interest Payable

A liability account on a company's balance sheet representing the amount of interest expense that has been incurred but not yet paid.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period for a more accurate financial report.

Salaries Payable

An accounting liability representing the amounts owed to employees for work performed but not yet paid.

Adjusting Entry

Journal entries made at the end of an accounting period to update account balances to their correct amounts before the preparation of financial statements.