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To Close the Income Summary Account with a Credit Balance,debit

question 45

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To close the income summary account with a credit balance,debit the account for its balance and credit the drawing account.

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Definitions:

Endocardium

Innermost layer of the heart, including endothelium and connective tissue.

Semilunar Valve

Valves located at the bases of the aorta and the pulmonary artery that prevent the backflow of blood into the ventricles of the heart during contraction.

Pulmonary Vein

One of the veins that carry blood from the lungs to the left atrium of the heart.

Coronary Sinus

A large vein on the posterior side of the heart that collects blood from the heart muscle and empties it into the right atrium.

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