Closing Entries Result in Net Income Being Transferred to

question 129

Multiple Choice

Closing entries result in net income being transferred to

• A)a revenue account.
• B)the cash account.
• C)the contributed capital account.
• D)the retained earnings account.

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Definitions:

Sexism

Discrimination or prejudice based on a person's sex or gender, often manifesting in societal, political, or economic disadvantages for women.

Bias Against Women

Prejudice or unjust treatment directed towards women based on their gender.

Origins Of Prejudice

The underlying causes and factors that lead to the formation of prejudicial attitudes and beliefs towards others, often rooted in societal, cultural, or psychological influences.

Stereotypes

Oversimplified generalizations about a group of people that often do not consider individual differences, leading to misconceptions and biases.