Professor Willis noted that the popularity of his office hours mysteriously rose in the middle and the end of each semester, falling off to virtually no visitors throughout the rest of the year. The demand pattern at work is:

The balance in the income summary account before it is closed will be equal to

A. the beginning balance in the retained earnings account B. the net income or loss on the income statement C. zero D. the ending balance in the retained earnings account

A person charged with a crime in the United States is presumed innocent until proven guilty

Indicate whether the statement is true or false