Directions: Apply the Knowledge You Have Gained from Chapter 8

question 20

Multiple Choice

Directions: Apply the knowledge you have gained from Chapter 8 to answer the following questions. ​ Which sentence is not in the passive voice?

• A)The grocery clerks rallied for higher wages.
• B)The rally was attended by one hundred people.
• C)The grocery stores were closed during the rally.
• D)The event was discouraged by management.

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Definitions:

Interest Expense

Expenses an entity faces for using borrowed money over a specific duration.

Prepaid Interest

Interest that is paid in advance of the period to which it applies, often relating to mortgage or loan agreements.

Worksheet

An informal accounting document used internally to assemble, adjust, and sort various account balances for the preparation of financial statements.

Trial Balance

A bookkeeping report that lists the balances of all ledgers accounts in order to check the mathematical accuracy of the accounts' balances.