When a Company Prepares Closing Entries,which One of the Following

question 35

Multiple Choice

When a company prepares closing entries,which one of the following is NOT a correct closing entry?

• A)Debit Retained Earnings;credit Salaries Expense.
• B)Debit Dividends;credit Retained Earnings.
• C)Debit Service Revenue;credit Retained Earnings.

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Definitions:

Operant Behavior

Behavior that operates on the environment, producing a consequence.

Elicits

To draw out or bring forth a response or reaction from someone or something.

Conditioning

A learning process that involves developing a new response to a stimulus by associating it with another stimulus or event, foundational in behavioral psychology.

Spontaneous Recovery

A phenomenon in learning where conditioned responses reappear after a delay or period of extinction, without further conditioning.