Which of the Following Statements Is True

question 195

Multiple Choice

Which of the following statements is true?

• A)The balance in the revenue accounts after closing agrees with the revenue shown on the income statement.
• B)The balance in the dividends account after closing agrees with the amount of dividends reported on the statement of stockholders' equity.
• C)The balance of Retained Earnings after closing agrees with the amount reported on the statement of stockholders' equity and the balance sheet.
• D)The trial balance taken after closing can be used to prepare the statement of stockholders' equity and the balance sheet.

---

Definitions:

Neurons

Specialized cells in the nervous system that convey information to other neurons, muscles, or glands.

Acetylcholine

A neurotransmitter involved in many functions including muscle movement, heart rate, memory, and learning, playing a key role in the brain and body's nervous systems.

Catecholamines

Organic compounds that act as neurotransmitters or hormones, such as adrenaline and dopamine, involved in bodily responses to stress.

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body.