Figure 55.9 -Based on Figure 55.9,what Can You Conclude About Land-Use Legacy

question 20

Multiple Choice

Figure 55.9
-Based on Figure 55.9,what can you conclude about land-use legacy in New England?

• A)Population growth has increasingly devastated the forests.
• B)A spike in lake sediments caused massive deforestation due to loss of soil nutrients.
• C)Sediment spikes correlate with massive population growth.
• D)Lake sediments reflect deforestation and despite reforestation,do not recover.
• E)All of the above answers apply.

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Definitions:

Temporary Accounts

Accounts used to collect revenues, expenses, and dividends information which are then transferred to permanent accounts at the end of the accounting period.

Closed

Refers to an account or period that has been concluded and no longer accepts entries or transactions.

Accrual Basis

An accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when the cash is exchanged.

Adjusting Entries

Journal entries made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.