If There Were Several Parents Anonymous Groups in a City

question 23

Multiple Choice

If there were several Parents Anonymous groups in a city near you, you could be sure that in that city:

• A) children diagnosed with conduct disorder, and who were abusing alcohol, were receiving help.
• B) children diagnosed with conduct disorder, and who were abusing alcohol or any other drug, were receiving help.
• C) parents whose children were physically or verbally abusing them were getting help.
• D) parents who were themselves child abusers were receiving help.

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Definitions:

Adjustments

At the close of an accounting period, records are adjusted to attribute revenues and expenses to the timeframe in which they truly happened.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments have been made, used as the basis for preparing financial statements.

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjustments have been made for journal entries.

Drawing Account

An account used to record withdrawals of business assets by the owner for personal use, reducing the capital account.