A Huge Rotating Cloud of Particles in Space Gravitate Together

question 24

Multiple Choice

A huge rotating cloud of particles in space gravitate together to form an increasingly dense ball.As it shrinks in size,the cloud

• A)rotates faster.
• B)rotates slower.
• C)rotates at the same speed.
• D)cannot rotate.

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Definitions:

Credited

A term used in accounting to denote an increase in liabilities or equity accounts, or a decrease in assets or expense accounts.

Financial Assets

Assets that derive value from a contractual claim, such as cash, stocks, bonds, and bank deposits.

Bad Debts Expense

An expense reported on the income statement, representing the estimate of receivables that are not expected to be collected.