Which of the Following Will Be Included in a Consolidation

question 68

Multiple Choice

Which of the following will be included in a consolidation entry for 2017?

• A) Debit loss for $5,000.
• B) Credit loss for $5,000.
• C) Credit land for $5,000.
• D) Debit gain for $5,000.
• E) Credit gain for $5,000.

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Definitions:

Emotional Nature

An individual's characteristic way of feeling and expressing emotions.

Racism

Discrimination or prejudice directed against someone of a different race based on the belief that one's own race is superior.

Minimizing

The psychological strategy of downplaying or understating the significance of events or emotions, often as a coping mechanism.

Prejudice

An antipathy or negative feeling, either expressed or not expressed, based on a faulty and inflexible generalization that places a group of people at some disadvantage not merited by their actions.