In Preparing Closing Entries

question 40

Multiple Choice

In preparing closing entries

• A)each revenue account will be credited.
• B)each expense account will be credited.
• C)the retained earnings account will be debited if there is net income for the period.
• D)the dividends account will be debited.

Recognize the misuse of language in constructing deceptive arguments.

Understand the distinctions between fallacies that divert arguments and those that misconstrue evidence.

Evaluate the role of evidence and ignorance in supporting claims.

Identify strategies for responding to fallacious arguments.

---

Definitions:

Conventional Fossil Fuel

Conventional fossil fuels are natural resources like coal, oil, and natural gas, that have been formed from the decayed remains of ancient plants and animals, used primarily for energy.

Three Mile Island

The site of the United States' worst commercial nuclear power plant accident, occurring in 1979 in Pennsylvania.

CANDU Reactors

A type of nuclear reactor developed in Canada that uses heavy water (deuterium oxide) as both its coolant and neutron moderator, allowing it to use natural uranium as fuel.

Dirtiest Fossil Fuel

Coal, regarded as the most harmful to the environment due to its high carbon dioxide emissions when burned, contributing significantly to air pollution and climate change.