Under Whose Regime Was One of the Very First Codes

question 8

Multiple Choice

Under whose regime was one of the very first codes of law written?

• A) Xerxes
• B) Darius I
• C) Hammurabi
• D) Gudea

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Definitions:

Expense Account

An account used to record individual expenditures or expenses incurred during business operations.

Liability Account

An account recording a company's obligations to pay debts to creditors in the short or long term.

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to update accounts for accruals and deferrals that were not recorded during the accounting period.

Depreciation

The systematic allocation of the depreciable amount of an asset over its useful life.