The heading "Closing Entries" is usually written in the Description column of the general journal above the first closing entry.
Answer the following statement true (T) or false (F)
True
You might also like to view...
The term given to making and using contacts for the purpose of prospecting is:
A. influencing. B. approaching. C. networking. D. telemarketing. E. observing.
The world is a product of:
a. the way that we see it b. concrete sense c. other’s thoughts d. physical barriers
Which of the following statements is not true concerning the monthly income and expense plan?
A) Each month's expenses are planned not to exceed the month's income. B) The year's expenses and income are detailed by each month. C) Some monthly allocations are made by simply dividing the annual estimate by 12. D) It may indicate the need for effective cash management.
Procter & Gamble advertises its Tide brand of laundry detergent continuously. This is an example of a pulse advertising schedule.
Answer the following statement true (T) or false (F)