The closing entry for expenses includes.

a. A debit to Revenues and a credit to all expense accounts.
b. A debit to Dividends and a credit to all expense accounts.
c. A debit to Retained Earnings and a credit to all expense accounts.
d .A debit to Revenues and a credit to Retained Earnings.

Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

4. the condition requires that only one of the selected criteria be true for a record to be displayed.