The Closing Entry Process Consists of Closing

question 208

Multiple Choice

The closing entry process consists of closing

• A) all asset and liability accounts.
• B) out the retained earnings account.
• C) all permanent accounts.
• D) all temporary accounts.

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Definitions:

Trapezius Group

A major muscle group in the upper back and neck that supports arm and shoulder movements and extends the neck.

Acromiotrapezius

A muscle in some mammals that extends from the neck and back to the scapula, aiding in movements of the shoulder.

Clavotrapezius

Clavotrapezius, in certain animals like rodents, is a muscle that extends from the clavicle to the scapula, facilitating movement of the scapula and contributing to the posture of the upper body.

Latissimus Dorsi

A large, flat muscle on the back that helps in the movement of the shoulders and arms.