Which of the Following Foods Is NOT Considered a Simple

question 58

Multiple Choice

Which of the following foods is NOT considered a simple carbohydrate?

• A)potato
• B)orange juice
• C)table sugar
• D)milk

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Definitions:

Closing Entries

These are journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period, showing how net income is derived from business operations.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments, used to prepare financial statements.

End-of-period Spreadsheet

A tool used for adjusting and closing entries and for preparing financial statements at the end of an accounting period.