Which of the following is not generally an accounting time period?
A) A week.
B) A month.
C) A quarter.
D) A year.
Correct Answer:
Verified
Q50: Financial statements must be prepared before the
Q51: The periodicity assumption states that:
A)a transaction can
Q52: The Dividends account is closed to the
Q53: Closing entries result in the transfer of
Q54: The accounting cycle begins with the journalizing
Q56: Management usually wants _ financial statements while
Q57: When closing entries are prepared, each income
Q58: The post-closing trial balance will contain only
Q60: Cash is a temporary account.
Q60: A 10-column worksheet is a permanent accounting
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