After the Revenue and Expense Accounts Have Been Closed, the Balance

question 96

Multiple Choice

After the revenue and expense accounts have been closed, the balance in Income Summary will be

• A)₤0.
• B)a debit balance of ₤3,400.
• C)a credit balance of ₤3,400.
• D)a credit balance of ₤7,000.

---

Definitions:

High Protein

Refers to a diet or nutritional intake that is rich in protein content.

Multiple Sclerosis

A chronic autoimmune disease that affects the central nervous system, leading to demyelination and potential neurological dysfunction.

Neural Connections

The links formed between neurons through which they communicate; established by dendrites and axons via synapses.

Cell Death

The process by which a cell ceases to function and is systematically dismantled and cleaned up by neighboring cells or immune cells, critical for development and maintaining the health of the organism.