Probably the Last Account to Be Listed on a Post-Closing

question 55

Multiple Choice

Probably the last account to be listed on a post-closing trial balance would be

• A) Income Summary.
• B) Wages Payable.
• C) owner's Capital.
• D) Wages Expense.

Learn methods to improve readability in documents.

Recognize the role of audience analysis in writing and revising documents.

Appreciate the significance of clarity, conciseness, and tone in effective communication.

Identify strategies for organizing content in a logical and engaging manner.

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Definitions:

Organized

Being systematically arranged or structured, especially in a way that enables efficient operation or retrieval of information.

Psychosocial Stage

A concept in Erik Erikson's theory that describes eight stages through which a healthily developing human should pass from infancy to late adulthood.

Generativity Versus Stagnation

A stage in Erik Erikson's theory of psychosocial development where middle-aged adults face the challenge of contributing to society and helping the next generation or facing stagnation.

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow, categorizing human needs into five levels, from basic survival needs to self-actualization.