Author Question: A post-closing trial balance will include only permanent accounts. a. True b. False Indicate ... (Read 42 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
A post-closing trial balance will include only permanent accounts.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

If the cost of goods sold percentage increases or decreases, this does not necessarily mean that costs have increased or decreased.
 
  Indicate whether the statement is true or false



harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

True

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library