Closing Entries Are Journalized and Posted ________

question 104

Multiple Choice

Closing entries are journalized and posted ________.

• A) throughout the accounting period
• B) before posting the adjusting entries
• C) after preparing the post-closing trial balance
• D) after preparing the financial statements

---

Definitions:

REMs

Rapid Eye Movements, a phase of sleep characterized by quick movements of the eyes, associated with dreaming and increased brain activity.

Activation-Synthesis Theory

A hypothesis that dreams are created by the cerebral cortex interpreting random signals from the brainstem during REM sleep.

Cognitive Development Theory

A theory in psychology that describes how children's thinking progresses through distinct stages, each characterized by new intellectual abilities and ways of understanding the world.

Social Influence Theory

A theory that explains how an individual's thoughts, feelings, and behaviors are influenced by social groups.