After Closing Entries Have Been Posted,________

question 47

Multiple Choice

After closing entries have been posted,________.

• A) the ending balance of Moses, Capital has been properly updated.
• B) only permanent accounts carry balances.
• C) Moses, Withdrawals has been closed into Moses, Capital
• D) All of the above statements are correct.

---

Definitions:

TRC

Truth and Reconciliation Commission, a body established to address past human rights abuses and promote healing and reconciliation.

Healing

The process of recovering from emotional, physical, or mental health challenges, often involving therapies, support, and personal growth.

Victims

Individuals or groups who experience harm, injury, loss, or suffering due to actions or events beyond their control.

Bystanders

Individuals who are present or aware of an event or situation but are not actively involved; their role and impact can vary, especially in contexts of conflict or emergency.