When Developing an Outline,you Should Indicate Your Major Ideas by Using

question 16

Multiple Choice

When developing an outline,you should indicate your major ideas by using

• A)capital letters.
• B)lowercase letters.
• C)bullet points.
• D)Roman numerals.

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Definitions:

Post-closing Trial Balance

A financial statement that lists all accounts and their balances after closing entries have been made, usually the final step in the accounting cycle.

Reversing Entries

Journal entries made at the beginning of an accounting period to reverse or cancel out adjusting entries from the end of the previous period.

Adjusting Entries

These are journal entries made in an accounting period to allocate income and expenditures to the period in which they actually occurred.

Journalize Transactions

The process of recording financial transactions in the journal as part of the accounting cycle.