The steps in the closing entries for a sole proprietorship and for a partnership are identical for all of the following except

a. close all
revenues to Income Summary; b. close all expenses to Income Summary;
c. close Income Summary and Drawing to the owner's capital account; d. all of the steps are the same; e. none of the steps are the same


C

Business

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These ________ of strategies work ________

A) kind/well B) kinds/good C) kinds/well D) kind/good

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You time someone completing a single task the first time at 100 minutes, and the fourth time they do the task it takes 81 minutes. You should use an 81 percent learning curve to estimate the length of time this worker will take to complete this task in the future.

Answer the following statement true (T) or false (F)

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A holder can convert a blank indorsement into a special indorsement by adding his or her signature on it

Indicate whether the statement is true or false

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The __________ provision of the U.S. Constitution forbids trying a person twice for the same crime

a. ex post facto b. bill of attainder c. double jeopardy d. privileges and immunities

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