A Chart of Accounts for a Business Firm

question 123

Multiple Choice

A chart of accounts for a business firm

• A)is a graph.
• B)indicates the amount of profit or loss for the period.
• C)lists the accounts and account numbers that identify their location in the ledger.
• D)shows the balance of each account in the general ledger.

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Definitions:

Nitrogen Fixation

The biological conversion of atmospheric nitrogen into a form (such as ammonia) usable by plants.

Nitrate

A polyatomic ion with the chemical formula NO3- or a compound containing this ion, commonly found in fertilizers, explosives, and natural water sources.

Ecosystem Management

A conservation focus that emphasizes restoring and maintaining ecosystem quality rather than the conservation of individual species.

Ecosystem Experiments

Controlled studies designed to investigate the relationships among organisms and their environment within an ecosystem.