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A business entity is an individual, association, or organization with control over economic resources and which engages in economic activities.

When posting an adjusting entry to the general ledger, write

Which formula contains a mixed cell reference?

You must apply borders to all the cells in a worksheet; you cannot apply them only to selected cells.

A cash payment on a loan affects which of the following accounts?

One of the ways to change your view of the worksheet window is by using the View tab on the Ribbon. ______________________

The six major steps of the accounting process are analyzing, recording, classifying, summarizing, reporting, and interpreting.

Owner’s equity at the start of the period is $35,000; net income for the period is $30,000; the total investments by the owner is $15,000; and total withdrawals by the owner is $5,000. The owner’s equity at the end of the period is

Choose the best electron-dot structure for CH2Cl2.

The fact that each transaction has a dual effect on the accounting elements provides the basis for what is called