Which of the Following Situations Would Result in Angular Clasts

question 104

Multiple Choice

Which of the following situations would result in angular clasts?

• A) transport of the clasts over long distance
• B) working of clasts by waves on a beach
• C) steep slopes in a mountain
• D) dunes formed by wind

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Income received by a company for goods or services yet to be provided or delivered, recorded as a liability on the balance sheet until earned.

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A financial record created during the closing of an accounting cycle to appropriately distribute revenues and expenses to their respective periods.

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The process of recording transactions in a company's journal, detailing the financial activities and their impact on accounts.