Which Type of Account Is Always Debited During the Closing

question 142

Multiple Choice

Which type of account is always debited during the closing process?

• A) Dividends
• B) Expense
• C) Revenue
• D) Retained earnings

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Definitions:

Social Support

Assistance and comfort supplied by a network of caring, interested people. Such support plays a critical role in successful aging.

Controversial Adolescent

Refers to a young person during puberty who is known for being involved in or causing disagreements or discussions characterized by differing opinions and views.

Proximity

is the state of being close or near in space, time, or relationship, which can influence social interactions and personal relationships.

Friendships

Relationships based on mutual affection, respect, and trust, typically offering companionship and support between individuals.