Author Question: A post-closing trial balance will include only permanent accounts. a. True b. False Indicate ... (Read 155 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?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

For a complete list of videos, visit our video library