Select All of the Following Statements That Are True About

question 20

Multiple Choice

Select all of the following statements that are true about the thermosphere.

• A) Its name is derived from the Greek word for "layer."
• B) Atmospheric gasses are sorted into a variety of sublayers based on their molecular mass in this layer.
• C) This layer is the coldest of the atmospheric layers.
• D) The temperature of this layer ultimately reaches 1200°C.
• E) This layer is where commercial jet liners routinely travel.

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Definitions:

Prepaid Rent

The payment made for rent before it's due, recorded as an asset on the balance sheet until it's recognized as an expense in the period to which it relates.

Adjusting Entry

An entry made in the accounts to correct or allocate income and expenses to the appropriate accounting period.

Three Months Rent

An accounting entry typically categorized as a prepaid expense, representing payment for rent before it's due.

Closing Entry

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to a permanent equity account, thereby preparing the books for the next period.