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Which of the following functional activities is a reversal of action of the quadriceps muscles?
Drawing Account
An account used to record withdrawals of business assets by the owner for personal use, reducing the capital account.
Salary Expense
The cost incurred by a company for the payment of regular salaries to its employees.
Accrued Salaries
Salaries that have been incurred but not yet paid by the end of a financial period, representing a liability for the business.
Closing
The process of finalizing accounting records at the end of an accounting period, including updating accounts and preparing financial statements.
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