In the Uniform Resource Locator (URL)http:\\www

question 101

Multiple Choice

In the uniform resource locator (URL) http:\\www.csub.edu\~hbidgoli\books.html, _____ represents the name of the directory in which files are stored.

• A)http:\\
• B)www.csub.edu
• C)\~hbidgoli
• D)books.html

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Definitions:

Debit Balance

The condition where the total debits exceed the total credits in an account, typically indicating assets or expenses.

Credit Balance

A balance in a financial account that indicates the amount of money owed to a creditor or the account holder; it is the opposite of a debit balance.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances from temporary accounts to permanent accounts, preparing the books for the next period.

Temporary Accounts

Revenue, expense, and drawing accounts that are closed to the owner’s capital account at the end of the accounting period.