Match the Terms with the Definitions

question 19

Multiple Choice

Match the terms with the definitions.
-The process of giving zero balances to the temporary accounts so that they can accumulate information for the next accounting period.

• A)account form of balance sheet
• B)accounting cycle
• C)classified balance sheet
• D)closing process
• E)current assets
• F)current liabilities
• G)Income Summary
• H)long-term liabilities
• I)operating cycle
• J)permanent accounts
• K)post-closing trial balance
• L)property, plant, and equipment
• M)report form of balance sheet
• N)temporary accounts

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Definitions:

Assimilate

The process of taking in and fully understanding information or ideas, or the integration of people, ideas, or culture into a wider society or culture.

Emotional Bonds

The deep connections formed between individuals, characterized by feelings of affection, love, and trust.

Artificial Mothers

Experimental apparatuses used in animal behavior studies to simulate the care-giving behaviors of real mothers.

Body Contact

Physical touching or closeness between individuals, which can foster emotional bonding, communicate nonverbally, and promote comfort and security.