Remaining Time: 2 hours, 59 minutes, 42 seconds. Question Completion Status: QUESTION 1 The correct number of closing entries is: a. 3. Oc 3 or 4 Od 2 or 3. e none of the above. eston Completion Status: QUESTION 9 2 point If a Single Proprietorship has a Net Loss during the accounting period, and the owner does not withdraw any money during that same period, O a. Owner's Equity will increase by the amount of the loss. b. Owner's Equity will decrease by the amount of the loss. O Cash will decrease by the amount of the loss. Od Accounts Receivable will decrease by the amount of the loss. Oenone of the above. QUESTION 4 Liability accounts will end the accounting period by having: a. a debit balance, oro, Ob, a party, Oc a balance that is neither Drora Od a credit balance or 0. none of the above, QUESTIONS One thing that you will always find on a balance sheet is: a. Total Assets b. Total Revenue. O Supplies Expense. d. Owner's Withdrawals. e none of the above. QUESTION 6 The Financial Statement that is doned differently from the others is the Batance Sheet b. the income Statement Ocche Statensant Owners Equity both and sabor corect Genre of me %