Closing Entries Are Dated in the Journal as of

question 106

Multiple Choice

Closing entries are dated in the journal as of

• A) the date they are actually journalized, although they are generally prepared after the end of the accounting period
• B) the last day of the accounting period, although they are actually journalized after the end of the accounting period
• C) the first day of the accounting period, although they are actually journalized after the end of the accounting period
• D) the first day of the subsequent accounting period

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Definitions:

Ethernet Cables

Cabling system used to connect devices on a local area network (LAN), facilitating communication between them.

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The time it takes for a signal to travel from one point to another in a network, affecting the overall communication speed.

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A technology that uses radio waves to transmit information, such as sound, by modulating properties of electromagnetic energy waves transmitted through space.

Satellite

A man-made object that is launched to circle around the earth or another celestial body, used for gathering data or for communication purposes.