Companies persisted for so long because business managers kept a good readout way for governors
The answer is: [A]: " Nov. "
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Answer:
Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.
Explanation:
Closing Entries
a. Accounts Payable: No it is not closed to income summary account.
b. Advertising Expense: Yes it is closed to income summary account.
c. Cost of Merchandise Sold: Yes it is closed to income summary account.
d. Dividends : No these are closed To Retained Earnings Accounts.
e. Merchandise Inventory : Yes it is closed to income summary account
f. Sales Yes it is closed to income summary account
g. Supplies: No prepaid supplies are an asset account and it is included balance sheet.
h. Supplies Expense: Yes it is closed to income summary account
i. Wages Payable: Not closed in the income summary account.
These are liabilities and included in the balance sheet.
To enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.
Given an incomplete sentence related to the ability to manage and assess the risk in specific driving situations.
We are required to fill the blank given in the sentence so that the sentence will give adequate meaning.
The words which are to be filled in the sentence are "assume that a dangerous situation may occur",
While driving there is a risk of accident so when someone is assessing the risk of specific driving then he has to take in consideration that any dangerous situation can occur. We know that the thinking that the accident may occur is negative but an analysts has to think multidimensional.
Hence to enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.
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