Which of the Following Statements Is True

question 93

Multiple Choice

Which of the following statements is true?

• A)Closing the revenue account increases retained earnings.
• B)Closing expense accounts decreases retained earnings.
• C)Closing the dividend account decreases retained earnings.
• D)All of the statements are true.

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Definitions:

Expressing Anger

The act of conveying feelings of annoyance, displeasure, or hostility towards something or someone, typically through verbal communication or outward behavior.

Child Abuse

Physical, sexual, emotional maltreatment or neglect of a child, especially by a parent or caregiver.

Emotional Development

The process through which individuals become aware of, express, and manage their emotions throughout different stages of life.

Separation Anxiety

Emotional distress in individuals, particularly children, due to separation from familiar people or environments, often manifesting as fear or worry.