To Close the Fees Earned Account

question 59

Multiple Choice

To close the Fees Earned account:

• A)debit Income Summary;credit Fees Earned.
• B)debit Fees Earned;credit Withdrawals.
• C)debit Fees Earned;credit Income Summary.
• D)debit Capital;credit Fees Earned.

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Definitions:

Group Therapy

A form of psychotherapy where multiple individuals meet to discuss and share their problems under the guidance of a therapist, facilitating healing through collective support.

Client-Centred Therapist

A therapeutic approach focusing on creating a non-judgmental, empathetic environment, allowing clients to lead their discovery and healing process.

Sounding Board

A person or group used as a recipient for ideas, allowing the originator to hear feedback and refine their thoughts or concepts.

Incongruence

A state of disparity between an individual's self-perception and their experiences or realities.