It Is Necessary to Post the Closing Entries to the General

question 157

True/False

It is necessary to post the closing entries to the general ledger.

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Definitions:

Acetylene

A colorless, flammable gas, C2H2, used as a fuel and a building block for organic synthesis, known for its high flame temperature when burned in oxygen.

Covalently Bonded

Atoms connected by bonds formed when they share one or more pairs of electrons.

Molecule

A molecule is a group of two or more atoms bonded together, representing the smallest fundamental unit of a chemical compound that can take part in a chemical reaction.

Hydrogen

The lightest and most abundant chemical element in the universe, symbolized as H.