The closing entry process consists of closing? all permanent accounts. only the retained earnings account. only the dividends account. all temporary accounts. all asset and liability accounts.

The closing entry process consists of closing all temporary accounts.

Explanation:  The closing entry process is the process that consists in canceling the income statements (made up of the income, expenses, sales and production costs accounts) and transferring the figures of the respective balance accounts (assets, liabilities and heritage) . This closing allows to know the economic result of the period and quantify the gains or losses.

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !