Closing Entries Are Normally Entered in the General Journal and Then

question 166

True/False

Closing entries are normally entered in the general journal and then posted to the work sheet.

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Definitions:

Spring Scale

A scale that measures weight or force by the stiffness of springs.

Hooke's Law

A principle stating that the force needed to extend or compress a spring by some distance scales linearly with respect to that distance.

Inversely

In an opposite or reverse manner, often referring to the relationship where as one variable increases, another decreases.

Fifth Power

A number or variable raised to the exponent of five, indicating it is multiplied by itself four times.