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After the Closing Entries Have Been Completed the Profit Distribution

question 64

Multiple Choice

After the closing entries have been completed the profit distribution account in a partnership always has a:


Definitions:

Genetic Information Nondiscrimination Act

A federal law that prohibits discrimination in employment and health insurance based on genetic information.

Genetic Information

Genetic information pertains to data about an individual's genetic tests and the genetic tests of their family members, as well as information about any disease, disorder, or condition in family members. It is relevant in contexts such as healthcare and genetics research.

Americans with Disabilities Act

A U.S. federal law enacted in 1990 that prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation, and all public and private places.

AIDS

Acquired Immunodeficiency Syndrome, a chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIV).

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