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Assuming that revenues exceed expenses,which of the following correctly indicates the structure of the journal entry that is used to close revenue and expense accounts?
Commissioners
Officials or a group of officials in charge of a specific function or authority, often within a governmental or regulatory body.
Federal Trade Commission
A United States federal agency with the primary goal of protecting consumers and ensuring a strong competitive market by enforcing antitrust and consumer protection laws.
President
The elected head of a republic, serving as both head of state and government, or the chief executive officer of a corporation or organization.
Food And Drug Administration
A federal agency of the United States Department of Health and Human Services, responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs, vaccines, biopharmaceuticals, medical devices, and veterinary products.
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