Closing Entries Are Made

question 40

Multiple Choice

Closing entries are made

• A)to clear revenue and expense accounts of their balances.
• B)to clear withdrawals of its balance.
• C)to summarize a period's revenues and expenses.
• D)All of these choices.

---

Definitions:

Conditioned Fear

A learned response to a previously neutral stimulus that has been repeatedly paired with an aversive stimulus, leading to an anticipatory fear response.

Little Albert

An experiment conducted by John B. Watson and Rosalie Rayner that demonstrated classical conditioning in humans, specifically showing how a child could be conditioned to fear a white rat.

Counterconditioning

A behavior therapy technique that involves replacing an undesirable response to a stimulus with a more desirable one.

Conditioned Stimulus

A previously neutral stimulus that, after being paired with an unconditioned stimulus, comes to trigger a conditioned response.