In the Year-End Closing Process, Which Account Should Not Be

question 8

Multiple Choice

In the year-end closing process, which account should not be reset to zero?

• A) Dividends
• B) Sales revenues
• C) Land
• D) Supplies expense

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Definitions:

Hate Crimes

Criminal acts motivated by bias or prejudice towards an individual's race, religion, ethnicity, sexual orientation, or other defining characteristics.

Racial Hatred

Intense dislike or hostility directed toward people based on their race or ethnicity.

Ethnic Communities

Ethnic communities are groups of people who share a common ethnic background, culture, language, or heritage, often forming supportive networks within larger societies.

Countertransference

A psychoanalytic term that refers to a therapist’s unconscious personal reaction to aspects of the client.