The Electron Configuration of a Ground-State Co Atom Is

question 102

Multiple Choice

The electron configuration of a ground-state Co atom is

• A) [Ar]4s²3d⁷.
• B) 1s²2s²2p⁶3s²3d⁹.
• C) [Ne]3s²3d⁷.
• D) [Ar]4s¹3d⁵.
• E) [Ar]4s²4d⁷.

Differentiate between temporary and permanent accounts.

Apply journal entries to close various types of accounts, including revenue, expense, and withdrawal accounts.

Discern the effects of errors in closing entries on financial statements.

Assess the financial outcome (net income or net loss) through closing entries.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold, determined by demand and supply forces in the market.

Net Income

Net income is the profit a company has after all expenses, taxes, and costs have been deducted from total revenue, indicating the company's financial health.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Price-Earnings Ratio

A financial measurement for equities determined by dividing the share's market price by its earnings per share.