What Is the Correct Sequence for Closing the Temporary Accounts

question 53

Multiple Choice

What is the correct sequence for closing the temporary accounts?

• A) revenue accounts,expense accounts,Income Summary,drawing account
• B) expense accounts,revenue accounts,Income Summary,drawing account
• C) revenue accounts,expense accounts,drawing account,Income Summary
• D) drawing account,revenue accounts,expense accounts,Income Summary

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Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, which coordinates body activities and processes sensory information.

Brain

The organ in the head of living creatures that controls their actions, thoughts, feelings, and interactions with their environment.

Spinal Cord

The long, thin, tubular structure made of nervous tissue that extends from the brainstem down the back, transmitting nerve signals between the brain and the rest of the body.

Sensory Neurons

Nerve cells that are responsible for converting external stimuli from the environment into internal electrical impulses for the brain to interpret.