The Distribution of Several Fossils on Opposite Sides of the Atlantic

question 41

True/False

The distribution of several fossils on opposite sides of the Atlantic Ocean and the continuity of geologic structure on different continents suggests that all the continents were once part of Pangaea.

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Definitions:

Correcting Entries

Journal entries made in accounting to correct previously made errors or adjustments in the financial statements.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.

Generally Accepted Accounting Principles

Generally Accepted Accounting Principles (GAAP) are a collection of commonly followed accounting standards and procedures for financial reporting.

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, regardless of when transactions occur.