Income Summary Has a Credit Balance of $19000 in B

question 160

Multiple Choice

Income Summary has a credit balance of $19000 in B. Browne Co. after closing revenues and expenses. The entry to close Income Summary is

• A) credit Income Summary $19000 debit Owner's Capital $19000.
• B) credit Income Summary $19000 debit Owner's Drawings $19000.
• C) debit Income Summary $19000 credit Owner's Drawings $19000.
• D) debit Income Summary $19000 credit Owner's Capital $19000.

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Definitions:

Behaviorists

Psychologists who focus on observable behavior and the ways in which learning influences behavior, often through the principles of conditioning.

Unconscious Thoughts

Mental processes that occur without an individual's awareness, influencing behaviors and perceptions.

Environment Molds

Influences from an individual's surroundings that shape their behaviors, attitudes, and development.

Methodological Behaviorist

A type of behaviorism that focuses on observable behaviors and the relationships between stimuli and responses, excluding mental states.