In Preparing Closing Entries

question 22

Multiple Choice

In preparing closing entries

• A) each revenue account will be credited.
• B) each expense account will be credited.
• C) the owner's capital account will be debited if there is net income for the period.
• D) the owner's drawings account will be debited.

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Definitions:

Nutritional Disorders

Health issues that occur due to an inadequate or excessive intake of nutrients, affecting bodily functions and overall health.

Disposable

Items designed for single use before being discarded, often used for hygienic purposes or convenience.

Washable

Characteristic of items that can be cleaned and maintained through washing without damage.

Weigh Infants

The process of measuring the weight of an infant, crucial for monitoring their growth and health.