The Rule of St.Benedict Is

question 22

Multiple Choice

The Rule of St.Benedict is

• A)a manual of converting pagans to Christianity.
• B)Roman-papal law.
• C)the codification of Roman law in Lombardy (Italy).
• D)a description of the ascetic practices of hermits.
• E)a guide to monastic life.

---

Definitions:

Stockholders' Equity

The portion of the balance sheet that represents the capital received from investors in exchange for stock, plus retained earnings.

Assets

Resources owned or controlled by a business or individual that are expected to produce future economic benefits.

Liabilities

Liabilities represent the obligations or debts that a company owes to others, which must be settled through the transfer of economic benefits like cash or goods.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used to verify the balance of debits and credits.