For the Geometric Sequence, Find the Common Ratio, R

question 12

Multiple Choice

For the geometric sequence, find the common ratio, r.
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Definitions:

Journalizing

The process of recording transactions in a journal before they are posted to ledger accounts.

Posting Closing Entries

The process of transferring the balances of temporary accounts to permanent accounts at the end of an accounting period to prepare the books for the next period.

Financial Statements

Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.

Real Accounts

Also known as permanent accounts, these include assets, liabilities, and equity accounts which are not closed at the end of the accounting period and their balances are carried forward.