In Constructing a Pro Forma Balance Sheet,which of the Following

question 40

Multiple Choice

In constructing a pro forma balance sheet,which of the following fills the role of being the "plug" figure to balance the balance sheet?

• A)external financing
• B)the change in retained earnings
• C)accounts payable
• D)accounts receivable

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Definitions:

Women's Christian Temperance Union

An organization founded in 1874 advocating for the prohibition of alcohol, using women's supposedly greater purity and morality as a rallying point.

Prohibition

A period in U.S. history (1920-1933) during which the manufacture, sale, and transportation of alcoholic beverages were legally prohibited.

Women's Suffrage

The right of women to vote in elections, achieved through a long struggle and culminating in the United States with the 19th Amendment in 1920.

Philippine War

American military campaign that suppressed the movement for Philippine independence after the Spanish-American War; America’s death toll was over 4,000 and the Philippines’ was far higher.