Figure 11-1 
-Refer to Figure 11-1. In which box - A, B, C, or D - does each of the following types of roads belong? (Consider each type of road separately.)
• an uncongested toll road
• an uncongested nontoll road
• a congested toll road
• a congested nontoll road
Definitions:
Accrue Salaries Payable
Accrue Salaries Payable involves recording the salaries earned by employees that have not yet been paid, recognizing the liability before the cash is disbursed.
Closing Entry
Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thus preparing the books for the next period.
Reversing Entry
An accounting entry made at the beginning of a period to reverse the effects of certain adjustments made in the previous period.
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