Question

question 9 (3 points)
the twelve - month period a business chooses for its accounting period is a(n):
calendar year.
accounting period.
fiscal year.
accounting cycle.
question 10 (3 points)
how are credits distinguished from debits in the journal?
a line separation
a different color
indenting
there is no distinction.

Explanation:

Question 9: A fiscal year is a 12 - month accounting period chosen by a business.
Question 10: In journal entries, credits are indented to distinguish from debits.

Answer:

Question 9: C. fiscal year
Question 10: C. Indenting