After Closing Entries Have Been Posted ________

question 127

Multiple Choice

After closing entries have been posted ________.

• A) the ending balance of Retained Earnings has been properly updated
• B) only permanent accounts carry balances
• C) dividends have been closed into Retained Earnings
• D) All of the statements are correct.

---

Definitions:

Girls

Female children and adolescents, typically defined by their developmental stage rather than specific age.

Boys

Male children or adolescents prior to the onset of adulthood.

Situations

Sets of circumstances or conditions in which individuals find themselves, affecting their behavior and decisions.

Lie Detector Tests

A method of psychological evaluation that measures physiological responses to determine the truthfulness of an individual's statements.