Accounting Entries Made to Reduce the Temporary Accounts to Zero

question 31

Multiple Choice

Accounting entries made to reduce the temporary accounts to zero balances are known as:

• A) correcting entries.
• B) adjusting entries.
• C) closing entries.
• D) reversing entries.

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Definitions:

Prevention Programs

Initiatives or strategies designed to stop something undesirable, such as disease or social problems, from occurring by addressing potential risk factors and promoting healthy behaviors.

Psychotherapy

A therapeutic method involving verbal communication between a healthcare provider and a patient to treat mental and emotional disorders.

Mental Health Promotion

Activities or strategies designed to enhance well-being and prevent mental disorders.

Mental Disorder

A condition characterized by alterations in thinking, mood, or behavior associated with distress and/or impaired functioning.