The Income Statement Debit Column of the Worksheet Showed the Following

question 27

Multiple Choice

The income statement debit column of the worksheet showed the following expenses:
$\begin{array}{|l|r|}\hline\text { Supplies Expense } & \$ 600 \\\hline \text { Depreciation Expense } & 400 \\\hline \text { Salaries Expense } & 300 \\\hline\end{array}$
The journal entry to close the expense accounts is:

• A) \(\begin{array}{|l|l|} \hline \text { Income Summary } & 1,300 \\ \hline \text { Supplies Expense } & 600 \\ \hline \text { Depreciation Expense } & 400 \\ \hline \text { Salaries Expense } &300\\\hline \end{array}\)
• D) \(\begin{array}{|l|l|} \hline\text { Capital } & 1,200 \\ \hline \text { Income Summary } & 1,200\\\hline \end{array}\)

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Definitions:

Array Index

The numerical position within an array, starting from 0, used to access or modify the value stored at that location.

Array Subscripting

The process of accessing elements of an array by specifying the index (or subscript) of the desired element.

Operator

In programming, an operator is a symbol that specifies which operations to perform on one or more operands, such as addition, subtraction, or comparison.

Components

In software and electronic hardware, components refer to individual parts or elements that make up a system or device.