Which of the Following Is a Possible Closing Entry

question 35

Multiple Choice

Which of the following is a possible closing entry?

• A)Debit Cash,credit Service Revenue.
• B)Debit Cash,credit Retained Earnings.
• C)Debit Service Revenue,credit Retained Earnings.
• D)Debit Dividends,credit Retained Earnings.

Identify the forces that move electrons through a circuit.

Calculate applied voltage and individual voltages in series circuits.

Apply Ohm's and Kirchhoff's laws to calculate circuit parameters.

Understand the concept and significance of parallel circuits in electrical networks.

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Definitions:

Construction Company

A business entity involved in the building of structures, infrastructures, and related activities.

Prior Probability

The probability of an event or outcome before new data is taken into account, used in Bayesian analysis.

Event

A happening or occurrence, often significant in the context it is mentioned.

Posterior Probability

The probability of the parameters of a model or hypothesis being true, given the observed data.