Which One of the Following Combinations of Names and Formulas

question 67

Multiple Choice

Which one of the following combinations of names and formulas of ions is incorrect?

• A)O ₂ ⁻ oxide
• B)Al ³⁺ aluminum
• C)NO ₃ ⁻ nitrate
• D)PO ₄ ³⁻ phosphate
• E)CrO ₄ ²⁻ chromate

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Definitions:

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.

Assets

Economic resources owned or controlled by a business or an individual, expected to provide future benefits.

Recording Process

The systematic method of capturing all financial transactions of a business in accounting records.

Adjusting Entries

At the close of an accounting cycle, journal postings are made to apportion earnings and expenditures to the period they truly happened.