The steps involved in closing the books are as follows:
Closing the Revenues
Closing the Expenses
Closing the net income
Closing the dividend and withdrawals
The most important output of the accounting cycle is the financial statement like balance sheet and Income statement. If the books were never closed, then the business would never be able to know the financial position for a particular accounting period.
Answer:
The correct answer is letter "A": Dina.
Explanation:
The fact that local theaters near school offer a discount to students with valid identification is not a form of discrimination. As stated by Dina, there is no age restriction, for instance, and it is presumed, there is no other such religious preference, sexual orientation, race, and so forth. Economists are more likely to agree with Dina since what the local theaters are simply trying to do is to get the more clientele possible out of diverse sources. In this case, the source is the student status.
The body that determines how taxes will be used to support schools, what will or will not be taught, and the length of the school day and year is the . <u>state legislature.</u>
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State Legislature is the frame that determines how taxes will be used to aid colleges, what is going to or will no longer learn, and the length of the college day and year.
The protection and control of public schools is essentially the duty of the state legislature. The formation, choice, and manage of the curricula, educational techniques, and substances used in schools are all relatively prompted with the aid of the states.
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One challenge faced by organizations is the need to focus on consumer needs while also striking a balance among the interests of countless other people, groups, and forces that interact to shape the nature of their actions.
<h3>What does it mean to
strike a balance?</h3>
It is to have equal importance, it is a condition in which different things occurring have an equal or proper amount of importance.
An organization striking a balance is trying to do everything possible to meet people's demands and also overcoming various challenges that may want to influence it.
Therefore, One challenge faced by organizations is the need to focus on consumer needs while also striking a balance among the interests of countless other people, groups, and forces that interact to shape the nature of their actions.
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