Which of the following statements regarding closing journal entries is correct?

a. closing entries transfer net income (or loss) to the retained earnings account.
b. the balance of the dividends declared account is transferred to the retained earnings account when closing entries are recorded
c. all income statement accounts and the dividends declared account are reset to zero in the closing entry process
d. all of the above are correct statements

Aminor has the legal right to repudiate

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd – qa. the quantity qe – qa. the quantity qd – qe. (c) how many people die in the market-driven economy?