Answer:
True
Explanation:
Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.
Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.
An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.
Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
I am pretty sure that correct definition looks like this: A court order to compel or restrain a particular action is called writ of injunction. For example, you have a lawn, and someone deliberately spoils it every day. You can apply to the court for the injunction against this person to deny the access to your lawn for this person.
True rather be safe then sorry
True.
The Principle of Utility says actions are <u>right </u>when they promote happiness or pleasure, and wrong when they cause unhappiness or pain. So in order to figure out if something is right or wrong you will first have to know if it promotes happiness.
