James Doohan became famous playing what character?
Question
James Doohan became famous playing what character?
Answer
Montgomery Scott
Question
James Doohan became famous playing what character?
Answer
Montgomery Scott
Question
Brassiere comes from an old French word meaning what?
Answer
Arm Protector
Question
What is the Japanese Shinkasen
Answer
High speed Train
A. Replacement cost – Accumulated Depreciation
B. Historical cost – Salvage Value
C. Historical cost – Depreciation portion thereof
D. Original cost adjusted for general price-level changes
Question
Which flying pioneer was nicknamed the lone eagle?
Answer
Charles Lindbergh
Which of the following is true regarding closing entries?
A. They must be followed by reversing entries
B. They transfer the balances in all of the Nominal Accounts to the Trading and Profit and Loss Account
C. They must be made after the reversing entries but before the adjusting entries
D. They must be made after the adjusting entries but before the reversing entries
Closing entries are required to transfer the nominal accounts to the Profit & Loss Account and the Trading account. Real accounts and personal account are not closed to Profit & Loss Account or Trading Account. Their balance is carried in the Balance Sheet and appears as opening Balance in the next accounting period.