This topic contains a solution. Click here to go to the answer

Author Question: A model is a complex representation of a simple entity or phenomenon. Indicate whether the ... (Read 42 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
A model is a complex representation of a simple entity or phenomenon.
  Indicate whether the statement is true or false

Question 2

After you have closed an entity's books, what happens to the account balances?
 
  a. all asset accounts will have zero balances
  b. none of the accounts will have zero balances
  c. all liability accounts will have zero balances
  d. the revenue and expense accounts will have zero balances



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

F

Answer to Question 2

d




newyorker26

  • Member
  • Posts: 536
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library