An Airplane Is Heading Due East

question 16

Multiple Choice

An airplane is heading due east.The airspeed indicator shows that the plane is moving at a speed of 370 km/h relative to the air.If the wind is blowing from the south at 92.5 km/h,the velocity of the airplane relative to the ground is

• A)357 km/h at 14º east of north.
• B)381 km/h at 104º east of north.
• C)381 km/h at 76º east of north.
• D)357 km/h at 76º east of north.
• E)381 km/h at 14º east of north.

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Definitions:

Post-closing Trial Balance

A financial statement prepared after closing entries are made, listing all the account balances to check the equality of debits and credits.

Accounting Cycle

The accounting process that begins with analyzing and journalizing transactions and ends with the post-closing trial balance.

Financial Statements

Formal records that convey the business activities and financial performance of a company, including balance sheet, income statement, and cash flow statement.

Closing Entries

These are journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.