The Lines That Extend from the Points to Which the Dimension

question 2

Multiple Choice

The lines that extend from the points to which the dimension or location is to be specified are known as

• A) dimension lines.
• B) extension lines.
• C) leaders.
• D) none of the above

---

Definitions:

Sales Journal

An accounting ledger in which sales of services or goods on credit are recorded, also known as the sales book.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.

Unearned Rent

Income received by a landlord for rent that has been paid in advance, which is considered a liability until the period it pertains to occurs.

Income Summary

Income Summary is an account to which all income statement accounts are transferred at the end of an accounting period to calculate the net profit or loss.