Natural Disasters Include All of the Following Except

question 56

Multiple Choice

Natural disasters include all of the following except

• A)Tornadoes
• B)Hurricanes
• C)Blizzards
• D)Explosions

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Definitions:

Adjusting Journal Entry

An accounting entry made in the books at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

Supplies Account

An account used to track the cost of supplies consumed by a business during an accounting period.

Supplies Expense

encompasses the cost associated with items used in daily operations, not directly tied to the production of goods or services but necessary for conducting business.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use, representing its reduction in value over time.