Which Statement Is True of the Following Reaction? 2K $\rightarrow$ 2KCl + Cu
A) Copper Is Reduced

question 29

Multiple Choice

Which statement is true of the following reaction? 2K + CuCl₂ $\rightarrow$ 2KCl + Cu

• A) Copper is reduced.
• B) Chlorine is reduced.
• C) Potassium is reduced.
• D) Copper is oxidized.
• E) Chlorine is oxidized.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts and prepare the company’s books for the next period.

Perpetual Inventory System

An approach to inventory management where updates to inventory records are made in real-time after each purchase, sale, or return transaction.

Shrinkage

The loss of inventory that can occur due to theft, damage, or errors in a company's stock.

Adjusting Entries

Journal entries made at the end of an accounting period to update account balances before preparing financial statements.